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1) Spot (E/$)_bid E1.1843/$ ask E 1.2849/$ A speculator buys E 1,000. The dealer receives: a) $ 844.4 b) $ 778.3 c) $ 1788.9 d)
1) Spot (E/$)_bid E1.1843/$ ask E 1.2849/$ A speculator buys E 1,000. The dealer receives: a) $ 844.4 b) $ 778.3 c) $ 1788.9 d) E 559.0 e) none of the above 2) Spot Yen 200/$. F. Yr = Yen 50/$. F 2 Yr = Yen 250/$. Does this present an arbitrage opportunity? a) No b) Yes
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