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

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 $0.4460-71 $0.4471-74 $0.4469.76 $0.4464-70 It all traders try to maximize prohts, then the bid price of the dealer will Zuriche decrease Hong Kong, decrease New York increase London: Increase

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