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Question 25 3 pts Suppose you observe the following quotes: USD 1.25 / EUR and JPY 100 /USD. What is the JPY / EUR cross
Question 25 3 pts Suppose you observe the following quotes: USD 1.25 / EUR and JPY 100 /USD. What is the JPY / EUR cross rate? JPY 125 / EUR EUR 125 / JPY JPY 800 / EUR O JPY 50 / EUR Question 32 1 pts Suppose the UK pegs the GBP to gold at a price of GBP 5/ounce and the US pegs the USD to gold at a price of USD 36/ ounce. If the market exchange rate is USD 5/GBP, what is the arbitrage profit in USD if you start with USD 500. Question 33 1 pts A foreign exchange dealer in Somalia provides quotes for spot rates for the Somalia Shilling (SOS) against the US dollar (USD) Spot Bid: SOS 7.900 /USD Spot Ask SOS 8.000 / USD How many USD would you receive if you sold SOS 10,000,000 to the dealer at the spot rate
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