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 to DKK750 and back to €107.14.
More Theory of Demand and Supply Questions
- Identify x such that x% of 540 plus {1080 ÷ x of 9} × 6 gives 162
- Determine the value of ‘p’ if p = √529 + √1444
2/5 of 3/4 of 7/9 of 14400 = ?
(32.1)² + (46.8)² - (28.8)² =? + 2257.97
(36/8)2 × (912/38) ÷ (122/1586) = ?
...What value should come in the place of (?) in the following questions.
336 ÷ 6 ÷ √16 * ? = 1400 ÷ 4
If 1.123 × 3.211 = 3.122 + ______________, then the number in blank space is
3.3 Times 2/27 of 40% of 364=?
√529 + √64 + 92 = ?
(3/7) of 700 + 33(1/3)% of 339 - 69 =?
