1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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/€

You might be interested in
How many international airports are in cote d'ivoire?
uranmaximum [27]
1 internation airport and its called the Ivory Coast 
3 0
4 years ago
A(n) _____ refers to a situation where a publicly traded company is purchased and then taken off the stock market.
dalvyx [7]
Leveraged buyout/////////////////
4 0
3 years ago
Consider the following capital budgeting problem, you invest 100 and expect to receive $50 in each of the next three years. The
Zanzabum

Answer:

What is the initial cost of the project?

the initial cost or initial outlay = $100

how much value is created?

the NPV of the project = -$100 + $50/1.1 + $50/1.1² + $50/1.1³ = $24.34

the NPV basically gives us how much value or wealth is created by the project

and what would you be willing to sell the project for?

selling price = $124.34 (= initial outlay + NPV)

6 0
3 years ago
Robert and Jenny are coworkers who enjoy flirting with each other while at work. They both view their actions as harmless fun, a
WINSTONCH [101]

Answer:

The correct answer is letter "A": True.

Explanation:

Sexual harassment in the work field does not only involve the fact of one individual chasing another for sexual purposes. It also implies any other set of intimacy activities that can bother others at work such as couples flirting. Most jobs, do not allow sentimental relationships within the work-frame. Some even fire employees found in relationships at work.

Thus, if one of Jenny and Robert's coworkers feel uncomfortable for their flirting,<em> they can be guilty of sexual harassment</em>.

4 0
4 years ago
A certain bookstore chain has two stores, one in San Francisco and one in Los Angeles. It stocks three kinds of books: hardcover
Hoochie [10]

Answer:

                           Hard       Soft        Plastic

San Francisco 3,600           7,800       12,000  

Los Angeles  2,400            1,800        3,000

Explanation:

The sales during January were as follows:

                          Hard      Soft          Plastic

San Francisco 600              1,300           2,000  

Los Angeles  400                300              500

If the sales during the next five months were actually the same, then to determine total sales all we have to do is multiply January's sales by 6.

600 x 6 = 3,600         1,300 x 6 = 7,800         2,000 x 6 = 12,000

400 x 6 = 2,400           300 x 6 = 1,800            500 x 6 = 3,000

7 0
3 years ago
Other questions:
  • Mr. Draper is the hiring manager of a large corporation. He has been asked to recruit two new sales executives for the firm spec
    7·1 answer
  • Matthew​ Liotine's Dream Store sells water beds and assorted supplies. His​ best-selling bed has an annual demand of 410 units.
    6·1 answer
  • Discuss how the following socio economic issues can be a challenge to social responsibility:
    6·1 answer
  • Senator Brown wants to increase taxes on people with high incomes and use the money to help the poor. Senator Johnson argues tha
    12·1 answer
  • One reward of starting your own business is _____.
    10·1 answer
  • On October 31, 2018, your company's records say that the company has $20,419.93 in its checking account. A review of the bank st
    10·1 answer
  • Cullumber Company reported the following information for 2020: Sales revenue $2410000 Cost of goods sold 1751000 Operating expen
    13·1 answer
  • University Car Wash built a deluxe car wash across the street from campus. The new machines cost $234,000 including installation
    7·1 answer
  • The European Union (EU) bans the importation of hormone-fed U.S. beef and bioengineered corn and soybeans on safety grounds alth
    8·1 answer
  • The project management institute initially published the _________ to address the need to bridge the gap between organizational
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!