In this case <span>the yen is likely to Depreciate against the euro
The value of a currency will increase if it became rare (less owner)
If the amount of yen is abundant but yet it remained unwanted, the value of the yen currency will keep dropping.</span>
Answer: Cross-rate can be found by using the given formula ,

So,

Substituting this into the exchange rate for Yen and dollars, we get


Cross-rate in terms of Yen per Pound is 112.41
b. If cross-rate is
, this means that Yen is quoted high relative to pound. So, the arbitrage profit per dollar will be,
Suppose we take a a loan for $1 and buy £0.6536. Then we use the pounds to purchase
yen at the cross-rate, so we have
£0.6536 (¥115/£1) = ¥75.164
Now, we replay the loan in dollars by exchanging Yen back to dollars. The cost to repay will be:
¥75.164($1/¥73.47) = $1.02305
Your arbitrage profit is $0.02305 per $1 used.
Answer:
correct answer is d . $6,778
Explanation:
we get here total federal income tax that will be
as we know that
federal income tax withholding barbara = $2784
federal income tax withholding mark =$2253
form SSA 1099 = $1721
and form 1099 interest income = $20
we get total federal income tax that is sum of all four
total federal income tax = $2784 + $2253 + $1721 + $20
total federal income tax = $6,778
so correct answer is d . $6,778
I believe that the student who listens to music is just as devoted to its Work and makes you calmer and more relaxed and it does have more of a tendency to make you be focused as in the student who doesn't listen to music may distract him/her so either way it depends on whether they can focus and devote their time to actually working and being progressive