You are a U.S.-based treasurer with $1,000,000 to invest. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dollar-pound exchange rate is quoted at $2.00 = £1.00. If a bank quotes you a cross rate of £1.00 = €1.20 how can you make money? Select one: Buy £ at $2/£, buy € at €1.20/£, sell € at $1.60/€ O No arbitrage is possible None of these answers O Buy € at $1.60/€, buy £ at €1.20/£, sell £ at $2/£

Answers

Answer 1

If a bank quotes you a cross rate of £1.00 = €1.20, you can make money by, buy € at $1.60/€, buy £ at €1.20/£, and sell £ at $2/£. The correct answer is D.

To make money in this situation, we need to find a way to exploit any arbitrage opportunities. An arbitrage opportunity occurs when we can buy and sell different currencies in a way that guarantees a profit without any risk.

In this case, we can exploit an arbitrage opportunity by following these steps:

Buy €1,000,000 at the rate of $1.60/€, which will cost us $1,600,000.Exchange the €1,000,000 to £ at the cross rate of £1.00 = €1.20. We will receive £833,333.33.Sell the £833,333.33 at the rate of $2.00/£, which will give us $1,666,666.67.We have made a profit of $66,666.67 ($1,666,666.67 - $1,600,000).

Therefore, the correct answer is to buy € at $1.60/€, buy £ at €1.20/£, and sell £ at $2/£.The correct answer is D.

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Related Questions

Helppp!!!!!!!!!
C. Instead of going to the water park, they decide to go Go-Kart racing. This costs $10 for each person to get in, plus a $5 charge per person for gasoline. Also, Yasmine has a coupon for $20 off their visit. If they have $100 to spend, how many people can go?

Answers

four people can go :)

23 people can go in 2000 IQ

Find the volume of the cone. 10 in 20 in​

Answers

Answer:

its 47

Step-by-step explanation:

so you add a number and then you subtract and then you divide and yiu get 4657848

What would this be? PS it's multiple choice.

What would this be? PS it's multiple choice.

Answers

Answer:

I think it would be A. the first one

Step-by-step explanation:

tell me if it was correct if it wasnt im sorry hope i dont mess u up

can someone help me solve this and show work?

can someone help me solve this and show work?

Answers

THIS IS GOOD Step-by-step explanation:

Last homework for mathematics, mr Thompson!

Last homework for mathematics, mr Thompson!
Last homework for mathematics, mr Thompson!
Last homework for mathematics, mr Thompson!

Answers

Answers:

Have a common difference Have a common factor Have a linear first difference

============================================================

Explanation:

Linear functions, such as y = 2x+5, have a common difference. In that example, the common difference would be 2 since we add 2 to each term to get the next one. Consider when x = 1 and that leads to y = 7. Then when x = 2, we have y = 9. Then when x = 3, we have y = 11, and so on. The sequence of y values {7,9,11,...} shows we add 2 each time.

------------------

Exponential functions have us multiply the previous term by some common factor to get the next term. A sequence like {2,6,18,...} has us multiply by 3 each time and the exponential function modeling this sequence is y = 2(3)^(x-1) where x is a natural number. So this is an example showing that exponential functions have a common factor, or we can call this a common ratio.

------------------

Quadratic functions are a bit strange.

Let's consider the quadratic of y = x^2. The sequence of y values it generates is {1,4,9,16,25...} for positive integers x = 1, 2, 3, 4, 5....

Let's subtract the adjacent terms (larger - smaller)

4-1 = 39-4 = 516-9 = 725-16 = 9

Note the results of 3,5,7,9 are in a linear sequence (we're adding 2 to each increment value, so the next increment would be +11). We can consider this a linear first difference.

------------------

For any of these functions, I'm restricting x to be an integer and x = 1 is the smallest input possible.

What is the solution of startroot x 12 endroot = x?

Answers

Answer:

x = 0  ;  x = 1

Step-by-step explanation:

\(\sqrt{x^{12}} =x\)

\(\Longleftrightarrow \sqrt{x^{6\times 2}} =x\)

\(\Longleftrightarrow \sqrt{\left( x^{6}\right)^{2} } =x\)

\(\Longleftrightarrow |x^{6}|=x\)

\(\Longleftrightarrow x^{6}=x\ \ \ ;\ |x^{6}|=x^{6}\)

\(\Longleftrightarrow x^{6}-x=0\)

\(\Longleftrightarrow x(x^{5}-1)=0\)

\(\Longleftrightarrow x=0 \ \ or\ \ (x^{5}-1)=0\)

\(\Longleftrightarrow x=0\ \ or\ \ x^{5}=1\)

\(\Longleftrightarrow x=0\ \ or\ \ x=1\)

A flea which is 8 x 10^-3 can jump 3.5 10^2 times of its own
length. How far can it jump?
meters

A flea which is 8 x 10^-3 can jump 3.5 10^2 times of its ownlength. How far can it jump?meters

Answers

Answer:

(8 × 10 ^-3) (3.5× 10 ^2)

= 2.8 meters

The points (6,r) and (9, 9) lie on a line with slope 5. Find the missing coordinate r.

Answers

Answer:

r = -6

Step-by-step explanation:

Use the slope formula and solve for r.

slope = y2 -y1

            x2 -x1

Since you know all the numbers except for r, plug everything in and you get:

5  = 9 - r

        9 - 6

So then do the arithmetic, you find that 9 - r = 15. So r must = -6.

Help if you can please..

Help if you can please..

Answers

Answer:

78

Step-by-step explanation:

42+36=78

Answer:

78

Step-by-step explanation:

42 + 36 = 78

kekeke9ieie

Malcolm is trying a very low-carbohydrate diet. He would like to keep the amount of carbs consumed in grams between the levels shown in the following compound inequality:

50 < 2x + 10 and 2x + 10 < 110

Solve for x in this inequality, and explain what the answer represents.

Answers

Malcolm must consume more than 20 grams of carbohydrates but fewer than 50 grams of carbohydrates because x > 20 and x 50.

Find an inequity by what method?

Isolate the variable and place all other constants on the other side of the inequality to solve it. This can be done by manipulating the inequality by doing opposing procedures.

To begin, multiply each side by two to first isolate the x. You must always consider the other side while doing something to one.

Explanation:

The following inequalities

Fill up each inequality.

The inequality is reduced by 10 on each side (1).

Subtract 2 from both sides.

X is greater than twenty.

The inequality is reduced by 10 on each side (2).

Subtract 2 from both sides.

X is not greater than 50 in value.

Malcolm must consume more than 20 grams of carbohydrates but fewer than 50 grams of carbohydrates because x > 20 and x 50.

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an arithmetic sequence $2,5,8, 11, 14,\ldots$ is written in order in a book, one hundred numbers per page, beginning on page one. on which page will the number $11{,}111$ appear?

Answers

An arithmetic sequence is a sequence of numbers where the difference between any two consecutive terms is always the same. In this case, the common difference is 3, so every term is 3 more than the previous term.

The \($n^{th}$\) term in the arithmetic sequence can be found using

\($a_n = a_1 + (n - 1)d$\)

where $a_1$ is the first term (2 in this case), $d$ is the common difference (3 in this case), and $n$ is the term number.

To find the page number that $11{,}111$ appears on, we need to find the term number that corresponds to this value:

\($11{,}111 = 2 + (n - 1) \cdot 3$\)

Solving for $n$, we have:

$11{,}109 = 3n - 1$

$3n = 11{,}110$

$n = 37{,}037$

Since each page contains 100 numbers, the number 11,111 appears on page $\left\lceil \frac{37{,}037}{100} \right\rceil = 371$.

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How many four-digit positive integers contain exactly one 0?

Answers

If you fix the first spot as 8, the second, third and fourth spot can be filled with any digit in (0,1,2,3,4,5,6,7,9) hence you have 93 possible choices. answer from google.

There are 36 four-digit positive integers that contain exactly one 0.

What is the number system?

A number system is defined as a way to represent numbers on the number line using a set of symbols and approaches. These symbols, which are known as digits, are numbered 0 through 9.

Since each four-digit positive integer has four digits, there are four possible places where the 0 can be placed.

For each of these four possibilities, there are 9 other digits that can be placed in the remaining three spots (since we cannot use 0 again),

So, there are a total of 4 × 9 = 36.

Thus, there are 36 four-digit positive integers that contain exactly one 0.

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A local gym provides new Zumba classes.

Assume that the capacity of this class is 1100 students per month. Since the classes started, the program has become more complex, so that 850 can be trained per month.

In the past month, 600 employees were trained. The efficiency of this system is approximately ________ and its utilization is approximately ________. Please show your work.

Answers

The efficiency of the Zumba class system is approximately 69.2%, and its utilization is approximately 54.5%.

To calculate the efficiency of the system, we can divide the actual output (number of employees trained) by the designed capacity (maximum number of employees that can be trained per month) and multiply by 100 to get a percentage.

Efficiency = (Actual Output / Designed Capacity) * 100

Efficiency = (600 / 850) * 100 = 70.6%

Therefore, the efficiency of the system is approximately 70.6%.

To calculate the utilization of the system, we can divide the actual output (number of employees trained) by the capacity (maximum number of students per month) and multiply by 100.

Utilization = (Actual Output / Capacity) * 100

Utilization = (600 / 1100) * 100 = 54.5%

Therefore, the utilization of the system is approximately 54.5%.

The Zumba class system at the local gym has an efficiency of approximately 69.2% and a utilization rate of approximately 54.5%. The efficiency indicates how well the system is performing relative to its designed capacity, and in this case, it suggests that the system is operating at a reasonably high level. The utilization rate, on the other hand, indicates how much of the available capacity is being utilized, and in this case, it suggests that the system is operating at around half of its maximum capacity. This information can be used by the gym to evaluate the performance of their Zumba class program and make informed decisions regarding resource allocation and potential improvements.

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Is Is y=2x+7 proportional?

Answers

Answer:

no

Step-by-step explanation:

Proportional must go through (0,0)

0 = 2(0) +7

0 = 7

This is not true so this is not proportional

somebody help me pleaseeee

somebody help me pleaseeee

Answers

Answer:

I can't see the picture. Sorry

Step-by-step explanation:

Can you help me with 18

Can you help me with 18

Answers

Answer:

Assuming you want to simplify it:

8h-6f is your answer

Step-by-step explanation:



State the assumption you would make to start an indirect proof of the statement. (Lesson 5-4)

If two lines are cut by a transversal and a pair of alternate interior angles are congruent, then the two lines are parallel.

Answers

Answer:

The assumption we would make to start an indirect proof of the statement "If two lines are cut by a transversal and a pair of alternate interior angles are congruent, then the two lines are parallel" is that the two lines are not parallel.

CAN SOMEONE HELP ME???!!!

CAN SOMEONE HELP ME???!!!

Answers

Answer:

The answer is c.

a. no b. no c. yes

i hope that helped

Step-by-step explanation:

What type of sample does personal experience generate?.

Answers

Personal experience generates firsthand knowledge that is derived from an individual's direct involvement or observation of a particular event, situation, or phenomenon. This type of sample is unique to each person and provides a subjective understanding of the subject matter.

Personal experience is an essential source of learning and understanding as it allows individuals to gain insight, develop skills, and form opinions based on their own encounters. It can provide a deep understanding of emotions, perspectives, and nuances that cannot be fully grasped through secondhand information. Personal experiences are often considered valuable as they offer authenticity and a sense of relatability, enabling individuals to connect with others on a personal level. Additionally, personal experiences can serve as a foundation for personal growth and development, shaping one's beliefs, values, and decision-making processes.

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extra problem one to turn in: five cards are dealt from a standard 52-card deck. what is the probability we draw a) five face cards (k, q or j)? b) a full house with all cards being face cards?

Answers

a) The number of ways to draw five face cards from a standard deck of 52 cards is C(16, 5), where C(n, k) is the number of combinations of n things taken k at a time. The probability of drawing five face cards is therefore:

C(16, 5) / C(52, 5) = 4165 / 2598960

b) A full house consists of three of one rank and two of another. There are 12 face cards in each rank, so there are C(12, 3) ways to choose the three of one rank, and C(12, 2) ways to choose the two of another rank. The total number of full house hands consisting of face cards is therefore:

C(12, 3) * C(12, 2) = 220

The probability of drawing a full house with all face cards is:

220 / C(52, 5) = 220 / 2598960

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4. Explain vector addition, subtraction, and scalar multiplication.

Answers

Explanation of vector addition, subtraction, and scalar multiplication is shown below.

We have to given that;

To explain vector addition, subtraction, and scalar multiplication.

Now, We know that;

Vector Addition:

To add two vectors in component form, add the first components together and the second components together.

Example,

⇒ ⟨a, b⟩+⟨c, d⟩=⟨a + c, b + d⟩

Vector subtraction;

The subtraction of vectors is the same as adding the reverse or inverse of one vector to another vector. T

Scalar Multiplication:

To multiply a vector in component form by a scalar, multiply each component by the scalar.

Example,

⇒ c⟨a , b⟩ = ⟨ca, cb⟩

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when simplified, what is the value of $\sqrt{3} \times 3^{\frac{1}{2}} 12 \div 3 \times 2 - 4^{\frac{3}{2}}$?

Answers

When simplified, the value of the expression \($\sqrt{3} \times 3^{\frac{1}{2}} 12 \div 3 \times 2 - 4^{\frac{3}{2}}$\) is 64.

Given expression is \($\sqrt{3} \times 3^{\frac{1}{2}} 12 \div 3 \times 2 - 4^{\frac{3}{2}}$\)

Simplify the exponents:

\($\sqrt{3} \times \sqrt{3} \times 12 \div 3 \times 2 - (4^{\frac{1}{2}})^3$\)

Simplify the square roots:

\($3 \times 3 \times 12 \div 3 \times 2 - 2^3$\)

Multiply and divide from left to right:

\($9 \times 12 \div 3 \times 2 - 8$\)

Perform multiplication and division:

\($108 \div 3 \times 2 - 8$\)

Evaluate the division:

\($36 \times 2 - 8$\)

72 - 8

64

Therefore, when simplified, the value of the expression is 64.

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In a triangle, the measure of the second angle is half the measure of the first. The third angle is
5 degrees more than twice the measure of the first. Find the measures of the three angles.

Answers

Answer:

50; 25; 105

Step-by-step explanation:

Sum of the angles of triange is 180, so we have 2x + x + 2*2x + 5 = 180 (x is number of degrees of second angle), if I understood word 'twice' correctly.

Next, let me solve this:

2x + x + 4x + 5 = 180

7x + 5 = 180

7x = 175

x = 25

So, second angle is 25 degrees, first is 25*2=50 degrees and third is 50*2+5=105 degrees.

Hope that this was helpful.

The length of a room is 4.5 m. The length of the same room on a plan is 25 cm. Work out the ratio of the length of the actual room to the length on the plan. Write your answer as simply as possible.​

Answers

Answer:

4.5 meters = 450 cm

450 / 25 cm = 18cm

This means every centimeter on the plan equals 18 centimeters in actuality.

Step-by-step explanation:

solve 3^x = 81
Please answer, not a lot of time left.

Answers

Answer: x = 4.

Step-by-step explanation:

Taking the logarithm of both sides with base 3, we get:

x = log3(81)

x = log3(3^4)  [Since 81 is equal to 3 raised to 4th power]

x = 4

Therefore, the solution is x = 4.

Answer:

Step-by-step explanatiON

X=81/3

X=4

an equation of a number and 25 equals to the sum of 141 and 159 divided by 2​

Answers

Answer:

25 = 141 + 159/2

Step-by-step explanation:

1. You want to plant a flower garden in your yard so that you can make a beautiful bouquet to put on the alter at church for Easter Sunday services. There are two types of flowers that you are going to be planting. You will be planting some tulips and daffodils. At the store tulips come in packs of 6 and daffodils come in packs of 9.
a.What is the least amount of packs of daffodils and tulips you would need to buy to have the same amount of each?

b.How many should you have of each kind of flower?


2.Each pack of tulips costs $4.75 and each pack of daffodils cost $3.50. From the previous problem, you know how many packs of each you will need. The sales tax is 7.5%.
a.How much tax will you be paying for all the flowers, to the nearest cent?



b.How much total will you be paying for all flowers, to the nearest cent?


3.You remember that you have a discount coupon for $2.75 off your total purchase before tax.
a. How much did the flowers cost with the discount including tax (Round to the nearest penny)?

b.How much money did you save with the coupon including tax?


4.When you get home to plant the flowers, you have 3 different flowerbeds in which you plan on planting flowers. You have two flowerbeds where you want the same ratio for tulips to daffodils. In one of these flowerbeds you have 4 tulips and 6 daffodils. The other flowerbed you have 3 daffodils.


a. How many tulips should there be in the second flowerbed to have the same ratio of tulips and daffodils as the first flowerbed?


b.How many total daffodils are used in these two flowerbeds?


c.How many total tulips are to be used in these two flowerbeds?


d.How many of each do we have left to use in the remaining flowerbed?


5.The flowers are supposed to get 1.5 cups of water per plant. You have a 3-quart water pail.

How many flowers can you water before having to go back to fill up your pail?


6.After a few days 1/3 of all your tulips and 1/2 of all your daffodils died.

How many tulips and how many daffodils do you need to purchase of each kind of plant to replace the flowers that died?



7.Next year you want to have 7 more than double the amount of plants you had this year.

How many total plants should you have for next year?

Answers

The solution to each total amount is as follows

1a.   3 packs of tulips and  2 packs of daffodils.  1b. 18  tulips and 18 daffodils.

2a.  The tax  $1.60    2b. The total cost $22.85.

3. total cost with discount and tax is  $19.89.  3b. Amount saved is $2.95.

4. 2 tulips.   4b. 9 daffodils    4c.  6 tulips.  4d. 12 tulips  and 9 daffodils.

5. 8 flowers before having to refill the pail.

6.  you need to purchase 6 tulips and 9 daffodils.

7. you should aim to have 79 plants next year.

How did we solve for each amount of tulips and daffodils?

1. least common multiple of 6 and 9 is 3. 6/3 = 2 and 9/3 = 3.

Cross multiply ⇒ 9 x 2 = 18  and 6 x 3 = 18

2. The cost of tulip and daffodil packs are

3×$4.75 = $14.25

2×$3.50 = $7.

The total cost before tax⇒ $14.25 + $7 = $21.25.

The tax⇒ $21.25 × 7.5/100 = $1.60 (rounded to the nearest cent).

The total cost including tax is $21.25 + $1.59 = $22.85.

3. Before tax ⇒ $21.25.

After applying a $2.75 discount, ⇒ $21.25 - $2.75 = $18.50.

The tax on this discounted amount is $18.50 × 7.5/100 = $1.39  

Total cost with discount and tax is $18.50 + $1.39 = $19.89. (rounded to the nearest penny).

The total amount saved $22.85 - $19.89 = $2.95

4. ratio of tulips to daffodils is 4:6. simplify ⇒  2:3.  for every 3 daffodils, 2 tulips

The total number of daffodils 6 + 3 = 9

The total number of tulips 4 + 2 = 6

18 - 6 = 12 tulips and 18 - 9 = 9 daffodils are left for the remaining flowerbed

5. A 3-quart⇒ 12 cups ⇒ 1 quart = 4 cups.

∴ 12/1.5 = 8 flowers before refill.

6. 1/3 of the tulips died, ⇒ 1/3 ×18 = 6 tulips.

1/2 of the daffodils died, ⇒1/2 × 18 = 9 daffodils.

7.  18 tulips and 18 daffodils for a total of 36 plants.

36×2 = 72 + 7 = 79

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Assume you have a normal distribution with a mean of 65 and a standard deviation of 13. Find the Z-Score of 72, rounding your answer to the nearest HUNDREDTH.

Answers

STEP - BY - STEP EXPLANATION

What to find?

The z- score of 72

Given:

mean (μ) = 65

standard deviation (σ) = 13

x = 72

Step 1

Recall the z- score formula.

\(z=\frac{x-\mu}{\sigma}\)

Step 2

Substitute the values into the formula and simplify.

\(Z=\frac{72-65}{13}\)\(=0.54\)

ANSWER

0.54

y² – 12y +?

can someone help me? ​

Answers

Answer:

+ 36

Step-by-step explanation:

assuming you require to make the terms into a perfect square.

using the method of completing the square

add ( half the coefficient of the y- term )² to y² - 12y

y² + 2(- 6)y + (- 6)²

= y² - 12y + 36

= (y - 6)² ← a perfect square

Complete the input-output table for the function machine.
input
multiply
by 2, then
add 5
output
Input
Output
-1
0
1
2
3

Complete the input-output table for the function machine.inputmultiplyby 2, thenadd 5outputInputOutput-10123

Answers

Answer:

The required table is:

Input                   Output

-1                           3

0                           5

1/2                         6

3                            11

Step-by-step explanation:

The function defined that the output of the function can be determined by multiplying the input by 2 and adding 5.

i.e.

if input = x, then output = 2x+5

We are given

Inputs:  

-1, 0,  1/2 and 3

Thus,

When input x = -1, then output = 2(-1) + 5 = -2+5 = 3

When input x = 0, then output = 2(0) + 5 = 0 + 5 = 5

When input x = 1/2, then output = 2(1/2) + 5 = 1 + 5 = 6

When input x = 3, then output = 2(3) + 5 = 6 + 5 = 11

Therefore, the required table is:

Input                   Output

-1                           3

0                           5

1/2                         6

3                            11

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