2) You are flying to Oslo, via Copenhagen, and brings SEK 10.000. First, you change from SEK to DKK, and then to NOK. You buy a lunch for DKK 75 when you are in Copenhagen and then change the remaining to NOK. Use the international 5 parities and explain why you choice the one being used by choice in order to solve the questions.

The following exchange rates are listed: NOK/SEK 1.20

DKK/SEK 1.31

a) What is the price for the lunch, in denominated in SEK? b) What is an estimated exchange rate between DKK and NOK? c) How much money in NOK will you get? (dont forget to consider the lunch)