Question 27 1 pts #1 BANK has the bid rate of S0.400 and ask rate of $0.405 for the Australian dollar. #2 BANK has a bid rate of $0.406 and an ask rate of $0.410 for the Australian dollar. What will be the profit for an investor that has $100,000 available to conduct locational arbitrage? $246.91 $2,500 S500 $1,000 Question 28 1 pts Which of the following is not an opportunity for an arbitrage: Bank A's bid for a euro is $1.20 and Bank B's ask for a euro $1.30. The Britain real interest rate is 10% and the U.S. interest rate is 8%. Spot and forward rate for the pound are both $1.20. Bank A's bid for a euro is $1.30 and Bank B's ask for a euro $1.20. The dollar/euro exchange rate is $1.11; the euro/pound rate is 1.16; and the dollar/pound is $1.35