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    International Financial Management Study Set 1
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    Exam 7: International Arbitrage and Interest Rate Parity
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    For Locational Arbitrage to Be Possible, One Bank's Ask Rate
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For Locational Arbitrage to Be Possible, One Bank's Ask Rate

Question 71

Question 71

True/False

For locational arbitrage to be possible, one bank's ask rate must be higher than another bank's bid rate for a currency.

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