najmsheikh8523 najmsheikh8523

23-01-2024
Business

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Bank A: USD/MYR = 0.300 - 0.305
Bank B: USD/MYR = 0.306 - 0.310
What will be the profit for an investor who has MYR 500,000 available to conduct locational arbitrage?

A) MYR 1,500
B) MYR 2,000
C) MYR 2,500
D) MYR 3,000

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