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Locational Arbitrage: Assume that you have USD 1,000 and show me the profit and market...

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Locational Arbitrage: Assume that you have USD 1,000 and show me the profit and market adjustment. Following Quotes are found on newspaper; Quotes are KRW/JYN. Currently SO for KRW is (USD/KRW) 1100 and SO for JPN is (USD/JPN) is 110. Show me the AP in USD and fill in the blank for the market adjustment. (Kind of hard problem and want to do this last) 3. AP in USD Bank B 080 (8) .081 () Bank A BID .082) 084 ) Ask Locational Arbitrage: Assume that you have USD 1,000 and show me the profit and market adjustment. Following Quotes are found on newspaper; Quotes are KRW/JYN. Currently SO for KRW is (USD/KRW) 1100 and SO for JPN is (USD/JPN) is 110. Show me the AP in USD and fill in the blank for the market adjustment. (Kind of hard problem and want to do this last) 3. AP in USD Bank B 080 (8) .081 () Bank A BID .082) 084 ) Ask

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