In New York, you can exchange $1 for €0.8319 or £0.6429. Suppose that, in Berlin, 1 pound costs €1.2507. How much profit can you make on $21,368 using triangle arbitrage?

Enter your answer rounded to two decimal points. Do not enter $ or a comma in the answer box. For example, if your answer is $12,345, enter 12.35 in the answer box.

QUESTION 2

Your friend from Germany has decided to come visit you in the United States. You estimate the cost of your trip at $5,513. What is the cost to her in euros if 1 euro = $1.2074?

QUESTION 3

ABC Company sells 3,965 chairs per year at an average price per chair of $178. The holding cost per unit is $15.13. The company orders 236 chairs at a time and has a fixed ordering cost of $94.8 per order. Chairs sell out before restocking. What are the total shortage costs?

Enter your answer rounded to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345, enter 12.35 in the answer box.

QUESTION 4

Suppose that the exchange rate between US dollars and Swiss francs is SF 1.3088 = $1.00, and the exchange rate between the US dollar and the euro is $1.00 = 1.1251 euros. What is the euro to Swiss franc (Euro/SF) cross rate?

Enter your answer rounded to FOUR decimal points.

QUESTION 5

ABC Company sells 3,350 chairs per year at an average price per chair of $148. The holding cost per unit is $35.71. The company orders 302 chairs at a time and has a fixed ordering cost of $129 per order. Chairs sell out before restocking. How many orders will the company place if it follows the order quantity economic model?

Enter your answer rounded to two decimal points. Do not enter a comma in the answer box. For example, if your answer is 12.345, enter 12.35 in the answer box.

QUESTION 6

You can exchange $1 for C$1.0551 or ¥120.12. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve ¥ for C$.

Enter your answer rounded to two decimal points.

QUESTION 7

The exchange rate is 1.1069 Swiss francs per US dollar. How many US dollars are needed to buy 9,874 Swiss francs?

Enter your answer rounded to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12,345, enter 12.35 in the answer box.

QUESTION 8

ABC Company sells 4,357 chairs per year at an average price per chair of $174. The holding cost per unit is $38.73. The company orders 571 chairs at a time and has a fixed ordering cost of $113.7 per order. Chairs sell out before restocking. What are the total transportation costs?

Enter your answer rounded to two decimal points. Do not enter comma or $ in the answer box. For example, if your answer is 12.345, enter 12.35 in the answer box.

QUESTION 9

ABC Company sells 3,845 chairs per year at an average price per chair of $167. The holding cost per unit is $37.98. The company orders 500 chairs at a time and has a fixed ordering cost of $64 per order. Chairs sell out before restocking. What is the economic order quantity?

Enter your answer rounded to two decimal points. Do not enter a comma in the answer box. For example, if your answer is 12.345, enter 12.35 in the answer box.

QUESTION 10

You have just returned from a trip to Venezuela and you have 2,175 bolívares fuertes in your pocket. How many dollars will he receive when exchanging this money if 1 Venezuelan bolivar = $0.1403?

Enter your answer rounded to two decimal points. Do not enter $ or a comma in the answer box. For example, if your answer is $12,345, enter 12.35 in the answer box.

QUESTION 11

Suppose that the exchange rate between US dollars and Swiss francs is SF 1.3406 = $1.00, and the exchange rate between the US dollar and the euro is $1.00 = 1.153 euros. What is the exchange rate between Swiss Francs and Euros (SF/Euro)?

Enter your answer rounded to FOUR decimal points.

QUESTION 12

The exchange rate is 0.9256 Swiss francs per US dollar. How many US dollars does it take to buy 1 Swiss franc?

Enter your answer rounded to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12,345, enter 12.35 in the answer box.

QUESTION 13

Suppose that one US dollar can buy 139 yen today. If the yen depreciates 14% tomorrow, how many yen could one US dollar buy tomorrow?

Enter your answer rounded to two decimal points. For example, if your answer is 12.345, enter 12.35 in the answer box.

Answer rating: 100% (QA)

QUESTION 1 To find the profit in triangle arbitrage we need to find the cross rates 1 08319 1 06429 1 pound 12507 Lets calculate the cross rates Euro to Pound 108319 12027108319 12027 Pound to Euro 11... View the full answer