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9. Herc are some historical quotes of the USD:JPY (yen per dollar) exchange rate given simultaneously on the phone by three banks: Are these quotes
9. Herc are some historical quotes of the USD:JPY (yen per dollar) exchange rate given simultaneously on the phone by three banks: Are these quotes reasonable? Is there an arbitrage opportunity? 10. At a certain point in time, the curo is quoted as EUR:USD =1.16101.1615, and the Swiss franc is quoted as USD:CHF =1.41001.4120. What is the implicit EUR:CHF quotation? 11. At a certain point in time, a bank quoted the following exchange rates against the dollar for the Swiss franc and the Australian dollar. $:SFr=1.596070$:A$=1.822535 Simultaneously, an Australian firm asked the bank for a A\$:SFr quote. What cross rate would the bank have quoted
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