You have the following spot bid and ask rates between the Australian dollar (AUD), the Danish Krone (DKK), and the Japan

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

You have the following spot bid and ask rates between the Australian dollar (AUD), the Danish Krone (DKK), and the Japan

Post by answerhappygod »

You Have The Following Spot Bid And Ask Rates Between The Australian Dollar Aud The Danish Krone Dkk And The Japan 1
You Have The Following Spot Bid And Ask Rates Between The Australian Dollar Aud The Danish Krone Dkk And The Japan 1 (128.15 KiB) Viewed 49 times
You have the following spot bid and ask rates between the Australian dollar (AUD), the Danish Krone (DKK), and the Japanese yen (JPY): Bid Ask JPY 14.804/DKK JPY 14.952/DKK JPY 72.229/AUD JPY 72.955/AUD DKK 4.5722/AUD DKK 4.6182/AUD Which of the following is the closest to the arbitrage profit that is possible at these rates? a. 4.11% b. 3.70% c. 4.60% d. 4.44% e. 4.85%
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”