Ask Question
26 January, 01:08

Assume the bid rate of a new zealand dollar is $.33 while the ask rate is $.335 at bank x. assume the bid rate of the new zealand dollar is $.32 while the ask rate is $.325 at bank y. given this information, what would be your gain if you use $1,000,000 and execute locational arbitrage?

+2
Answers (1)
  1. 26 January, 02:01
    0
    I think you might have to add then subtract
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Assume the bid rate of a new zealand dollar is $.33 while the ask rate is $.335 at bank x. assume the bid rate of the new zealand dollar is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers