Q. In which case will locational arbitrage most likely be feasible? (Solved)
1. One bank's ask price for a currency is greater than another bank's bid price for the currency.
2. One bank's bid price for a currency is greater than another bank's ask price for the currency.
3. One bank's ask price for a currency is less than another bank's ask price for the currency.
4. One bank's bid price for a currency is less than another bank's bid price for the currency.
- b. One bank's bid price for a currency is greater than another bank's ask price for the currency.