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The following quotes present an arbitrage opportunity. Bank A: $ 1 . 1 0 = 1 Bank B: 1 . 2 5 = 1 Bank
The following quotes present an arbitrage opportunity.
Bank A: $
Bank B:
Bank C: $
When the equilibrium condition is restored after arbitrage activities, would the number, in Bank go up or down?
Select one:
a Go down.
b Go up
c Stay the same.
d Cannot be determined by these numbers.
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