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Suppose your bank quotes you an ask price of USD 2.50 / GBP and a bid price of USD 2.00 / GBP. If you buy
Suppose your bank quotes you an ask price of USD 2.50 / GBP and a bid price of USD 2.00 / GBP. If you buy USD 5,000 worth of GBP and immediately sell them back, how many USD do you have left after both transactions?
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