Business, 14.07.2019 06:00 oliviaboils

Suppose the japanese yen exchange rate is ¥73.47 = $1, and the british pound exchange rate is £1 = $1.53. a. what is the cross-rate in terms of yen per pound? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16. do not include the yen sign (¥ cross-rate ¥ b. suppose the cross-rate is ¥115 = £1. what is the arbitrage profit per dollar? (do not round intermediate calculations and round your answer to 4 decimal places, e. g., 32.1616.) arbitrage profit per dollar $

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Suppose the japanese yen exchange rate is ¥73.47 = $1, and the british pound exchange rate is £1 = $...

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