Locational arbitrage Consider two banks Kenya Commercial Bank and CBA. Kenya Commercial Bank. CBA Tz.sh/Ksh. Tz.sh/Ksh Bid.
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Question:
Locational arbitrage
Consider two banks Kenya Commercial Bank and CBA.
Kenya Commercial Bank. CBA
Tz.sh/Ksh. Tz.sh/Ksh
Bid. Ask. Bid. Ask
0.07. 0.08. 0.09. 0.10
Required
Compute the gain from locational arbitrage for a Kenyan investor with Ksh 2,000,000 to invest.
Related Book For
Understanding Basic Statistics
ISBN: 9781111827021
6th Edition
Authors: Charles Henry Brase, Corrinne Pellillo Brase
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