OMR is quoted against USD and EURO. Under which of the following condition will the trader have a possibility of arbitrage?

a.

When calculated cross rate of OMR/USD is greater than quoted rate

b.

When calculated cross rate of USD/EUR is equal to Quoted cross rate

c.

When the calculated cross rate of USD/EURO is different from Quoted cross rate

d.

When calculated cross rate of OMR/EUR is different from Quoted cross rate

An investment firm in Oman wants to buy 100000 shares in a London stock market. Each share of that fund costs GBP 0.126. How many Omani Rial will it need to convert to GBP to make that investment, if the current exchange rate is OMR0.5466/GBP?

a.

6761.16

b.

6887.16

c.

22363.0265

d.

23051.5917

e.

All the options are wrong

The exchange rates for OMR and CLP (CHILIAN PESO) against USD are given below

OMR0.3745/USD

CLP 762.309/USD

The cross rate for OMR/CLP will be

a.

2.670227

b.

0.000491

c.

2.743484

d.

0.001312

e.

All the options are wrong

Spot rate OMR0.005317 = 1 INR Indian Rupees. One month forward rate is OMR 0.005408. What will be the rate of Depreciation of OMR to INR?

a.

1.85%

b.

1.91%

c.

1.67%

d.

1.71%

e.

All the options are wrong