Question: 9 . The table below presents bid - ask quotes for Swiss Francs ( SF ) from several currency dealers around the world. Based on

9. The table below presents bid-ask quotes for Swiss Francs (SF) from several currency dealers around the world. Based on the quotes below, as all traders use locational arbitrage to maximize profits, ask quote of the dealer will and bid quote of the dealer will a) Frankfurt; increase; Singapore; increase b) Tokyo; decrease; Frankfurt; decrease c) Singapore; increase; Tokyo; decrease \(\sqrt{}\) d) Singapore; decrease; Chicago; increase 10. The table below presents bid-ask quotes for Swiss Francs (SF) from several currency dealers around the world. Based on the quotes below, as all traders use locational arbitrage to maximize profits, ask quote of the and bid quote of the dealer will a) Frankfurt; increase; Singapore; increase b) Singapore; increase; Frankfurt; decrease c) Tokyo; decrease; Chicago; increase d) Singapore; increase; Chicago; decrease \(\boldsymbol{\checkmark}\)11. The table below presents bid-ask quotes for Euro (EUR) from several currency dealers around the world. Based on the quotes below, as all traders use locational arbitrage to maximize profits, ask quote of the dealer will and bid quote of the dealer will a) Zurich; increase; London; Decrease; \(\boldsymbol{\checkmark}\) b) London; increase; Zurich; decrease; c) New York; increase; Hong Kong; decease; d) Hong Kong; increase; New York; decrease;
9 . The table below presents bid - ask quotes for

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