needed URGENTLY
The current exchange rate for Euro is $1.25 (USD)/Euro. The current exchange rate for the Australian Dollar (AUD) is $1.04 (USD)/AUD. Using cross rates, what is the implied direct and indirect quotes for the AUD versus the Euro?
Your response should be at least 100 words in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.”
You are given three exchange rates below, assess (yes/no) whether an opportunity exists for arbitrage (support your answer with an explanation).
• 140 Yen/Euro
• 1.22 Euro/CHF (Swiss Franc)
• 184 Yen/CHF
Your response should be at least 100 words in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
You are given three exchange rates below. Assess (yes/no) whether an opportunity exists for arbitrage (support your answer with an explanation).
• 25 Yen(Japan)/Yuan (China)
• 6.8 Yuan/USD
• 184 Yen/USD
Your response should be at least 100 words in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
