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Question 17 (4 points) Assume at Chase Bank the bid rate of a Brazilian real is $.17 while the ask rate is $.18. Assume at Bank of America the bid rate of a Brazilian real is $.20 while the ask rate is $.21. Given this information, what would be your gain if you use $1,000,000 and execute locational arbitrage? That is, how much will you end up with over and above the $1,000,000 you started with? $37,037 $37,462 O $111,111 $71,429 There is no locational arbitrage opportunity Question 18 (4 points) Saved Suppose the Bank of In