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Suppose you see the following quotes for pounds at three banks. Bank X:$1.255-65 Bank Y:$1.245-59 Bank Z:$1.258-61 Find the locational arbitrage profit available to someone
Suppose you see the following quotes for pounds at three banks.
Bank X:$1.255-65
Bank Y:$1.245-59
Bank Z:$1.258-61
Find the locational arbitrage profit available to someone with access to $1,000,000
9638.55
0
1593.63
3182.18
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