In which case will locational arbitrage most likely be feasible?

Question

TuteeHUB · Accepted Answer

One bank's ask price for a currency is less than another bank's ask price for the currency.

TuteeHUB · Answer

One bank's ask price for a currency is greater than another bank's bid price for the currency.

TuteeHUB · Answer

One bank's bid price for a currency is greater than another bank's ask price for the currency.

TuteeHUB · Answer

One bank's bid price for a currency is less than another bank's bid price for the currency.

1.	In which case will locational arbitrage most likely be feasible?
A.	One bank's ask price for a currency is greater 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.
C.	One bank's ask price for a currency is less than another bank's ask price for the currency.
D.	One bank's bid price for a currency is less than another bank's bid price for the currency.
Answer» C. One bank's ask price for a currency is less than another bank's ask price for the currency.

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