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Suppose that Sailbridge Bank and Signbit Bank have revised their quotations for the British pound. The revised quotations are shown in the following table: Suppose

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Suppose that Sailbridge Bank and Signbit Bank have revised their quotations for the British pound. The revised quotations are shown in the following table: Suppose that you have $15,000 to use to engage in locational arbitrage. In this case, which is the most likely outcome of attempting to engage in locational arbitrage? Earn a profit of $170.22 Earn a profit of $191.49. You cannot profit from locational arbitrage in this situation. Earn a profit of $234.05

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