Question 11 1 points Save from Assume the bid rate of a Singapore dollar (SS) is 5/5$ 0.40 while the ask rate is S/S$ 0.41 at Bank X. Assume the bid rate of a Singapore dollar is S/SS 0.42 while the ask rate is 5/55 0.425 at Bank Z. Given this information, what would be your pain if you use $500,000 and execute locational arbitrage? That is, how much will you end up with over and above the $500,000 you started $12,195 $5.847 $5,882 $19,295 Question 12 An advantage of freely floating exchange rates is that a country with floating exchange rates is less insulated from unemployment problems in other countries. True False