HKM Bank has 4,000,000 USD as beginning balance and made the following transactions in pursuit of an arbitrage profit in international FOREX market. Changed USD to Euro, Euro to OMR, OMR to USD. On the time of transaction, the rates are: 1,23 USD / Euro, 2.1 Euro/ OMR, 0.38 OMR/USD. What is the profit/loss of this arbitrage? Select one: O a. 73840 USD loss O b. 62550 USD profit O c. 73840 USD profit O d. 62550 USD loss Use the following table for the following question. OMR USD ($) OMR 2.50 USD ($) 1.25 EURO () GBP () 0.625 (???) Find missing value in bracket (???). Select one: O a. 6.4 GBP/USD O b. 1.5625 USD/GBP O c. 0.64 USD/GBP O d. 1.25 GBP/USD Previous page Next page A country which has an economic poverty and depression can take assistance and financial support from Select one: O a. GCC O b. OECD O c. IME O d. EU A company from Spain and another company from Saudi Arabia establishes a new company in Brazil for finding petroleum. This is an example of Select one: O a. Globalization O b. Licensing O c. Franchising O d. Joint Venture Previous page Next page 20201015 - Thursday Lecture Jump to