$15)$ Assume the EUR$/$US dollar exchange rate is equal to $1\mathrm{.}1.$ How many USD will you get for $1$ EUR? $16)$ You plan to go on a trip to New York and want to exchange $100$ euros against USD. Banks propose the following rates: Bank A : $\backslash (1\mathrm{.}05-1\mathrm{.}40\backslash )$ Bank B : $\backslash (1\mathrm{.}07-1\mathrm{.}10\backslash )$ Bank C $\backslash ($ : $1\mathrm{.}02-1\mathrm{.}08\backslash )$ In which bank will you exchange your euros and how many USD will you get? $17)$ You go back home after your New York trip with an excess $10$ USD which you would like to change back to EUR. In which bank will you exchange your euros and how many EUR will you get? $18)$ Suppose these $3$ banks represent the entirety of the EUR$/$USD market and transactions. What do you think will happen?You go back home after your New York trip with an excess $10$ USD which you would like to change

back to EUR. In which bank will you exchange your euros and how many EUR will you get?

Iwillchoese barak B

$110$$$107lon.$

$10$$$x$

$x=\frac{1070}{110}=\frac{107}{11}$ eane $9,73$ Eno

Suppose these $3$ banks represent the entirety of the EUR$/$USD market and transactions. What do you

think will happen?