Question
Suppose the following bilateral spot exchange rates are
being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€): US$/€ = 1.5 DKK/€ = 7.0 DKK/$ = 5.0 If you start with 100€, the most you could end up with in a single round of triangular arbitrage would be...Solution
Convert €100 to $150 (1.5*100) to DKK 750 (150*5) and back to €107.14 (750/7).
More Research Questions
Who proposed that the first form of life could have come from pre-existing non-living organic molecules ?
Myopia, a common eye defect, is also known as:
The contraction of the heart is also known as:
Who performed experiments on Vicia faba to prove that the DNA replicates semi-conservatively ?Â
Which one of the following calcium salts is used as a fertilizer?Â
Which substance is predominantly found in urine?
Ex-situ conservation includes :Â
Flocs in sewage treatment refer to:
Match List-I with List-II :
Choose the correct answe...
What is the name of the dividing tissue in plants?
