Question: Question 3 The table below presents bid-ask quotes for Swiss Francs (SF) from several currency dealers around the world. Currency Dealer in Hong Kong Zurich

Question 3 The table below presents bid-ask quotes for Swiss Francs (SF) from several currency dealers around the world. Currency Dealer in Hong Kong Zurich New York London Bid Ask Quotes for SF 50.4460-71 S0.4471-74 S0.4469.76 S0.4464-70 It all traders try to maximize profits, then the bid price of the dealer will Hong Kong, decrease Zurichi decrease London, increase New York: increase

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