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Dmitry_Shevchenko [17]
3 years ago
13

Given the following exchange rates, which of the multiple-choice choices represents a potentially profitable intermarket arbitra

ge opportunity? ¥129.87/$ €1.1226/$ €0.00864/¥
Business
1 answer:
emmainna [20.7K]3 years ago
7 0

Answer:

¥114.96/€

Explanation:

An intermarket arbitrage opportunity is the act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different currencies in the foreign exchange market. Trading in foreign exchange takes place worldwide, the major currency trading centers are located in  London, New York, and Tokyo.

In the given question, if you reverse all three exchange rates by calculating 1/rate (change yendollar into dollaryen and so forth), the choice that represents the required opportunity is ¥114.96/€

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Explanation: apex

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labwork [276]

NEC arose to:

d.standardize equipment use as a marketing tool

Explanation:

NEC Corporation is a multinational IT and Electronics firm that is based out of Japan.

It was started in the 60s as Nippon Electric company ltd. but it re branded itself to name NEC in 1983.

It is responsible for the standardization of equipment as their USP and their prime marketing tool and made it a standard industry practice to do so as of now.

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3 years ago
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barxatty [35]

Answer:

D) An illusory promise

Explanation:

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It is basically like telling someone else that you will give them something if you are happy and willing to do it. How can someone determine if you are happy or not, and how can someone know if you are willing to do it or not?

6 0
3 years ago
Which statement about portfolio diversification is correct?
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Answer:

C. As more securities are added to a portfolio, total risk typically would be expected to fall at a decreasing rate.

Explanation:

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g Given the information below: ASSETS LIABILITIES Cash and cash equivalents $10,000 Current debts for the year $15,000 Other liq
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6 0
3 years ago
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