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).
Match the following Prime Ministers of India with the Five-Year Plans they initiated.
Match the following â
If BOY is coded DQA, then how will CAT be coded?
Kerala has achieved the highest number of startups under the DAY-NRLM initiative primarily due to:
Which DPSP emphasizes the importance of providing adequate means of livelihood to all citizens and preventing the concentration of wealth and resources ...
What is the name of the research station set up by India in Antarctica in the year 2015?
Find the correct Venn diagram:
Male, father, engineer
In September 2022, the Government of _______________ decided to launch a campaign aimed at womenâs safety titled âHamar Beti Hamar Maanâ (our daug...
In which state is the Gandhi Sagar Dam constructed?
Which of the following is also known as the âWhite Mountainâ?
