Quoted currency in U.S.	1		1		1
	$1.321	$1.326	$1.123	$1.125	1.171	1.173

1. Find appropriate cross exchange rates (use five decimal points)
   1. Bid price for the value of in terms of = 0.85251
   2. Ask price for the value of in terms of = 0.85397
   3. Bid price for the value of in terms of = 1.171
   4. Ask price for the value of in terms of = 1.173
2. What is the quoted cross exchange rate in U.S. for of in terms of ? (use five decimal points)
   1. Quoted cross exchange rate of the Bid price in U.S. for the value of in terms of ?

A: 1.12617

2. Quoted cross exchange rate of the Ask price in U.S. for the value of in terms of ?

A: 1.13236

3. Do we have an arbitrage opportunity? If so, which direction do we go?

4. If we have $100,000, how much profits can we make? (use two decimal points)

12:30 LTE AA chegg.com Chegg Study home / study / business / finance / finance questions and answers / quoted currency in u.s. E1 E1 1 $1.321 $1326 Question: Quoted currency in U.S. 1 1 1 $1.321 $1.326 $1.123 $1.125 1.171 ... uoted urrency U.S. $1.321 $1.326 $1.123 $1125 1.171 1.173 . Find "appropriate cross exchange rates' (use five decimal points) a. Bid price for the value of in terms of = 0.85251 b. Ask price for the value of in terms of = 0.85397 c. Bid price for the value of in terms of E= 1171 d. Ask price for the value of in terms of = 1.173 What is the quoted cross exchange rate in U.S.for of in terms of ? (use five decimal points) a. Quoted cross exchange rate of the Bid price in U.S. for the value of in terms of ? A: 1.12617 Quoted cross exchange rate of the Ask price in U.S. for the value of in terms of ? 12:30 LTE AA chegg.com Chegg Study home / study / business / finance / finance questions and answers / quoted currency in u.s. E1 E1 1 $1.321 $1326 Question: Quoted currency in U.S. 1 1 1 $1.321 $1.326 $1.123 $1.125 1.171 ... uoted urrency U.S. $1.321 $1.326 $1.123 $1125 1.171 1.173 . Find "appropriate cross exchange rates' (use five decimal points) a. Bid price for the value of in terms of = 0.85251 b. Ask price for the value of in terms of = 0.85397 c. Bid price for the value of in terms of E= 1171 d. Ask price for the value of in terms of = 1.173 What is the quoted cross exchange rate in U.S.for of in terms of ? (use five decimal points) a. Quoted cross exchange rate of the Bid price in U.S. for the value of in terms of ? A: 1.12617 Quoted cross exchange rate of the Ask price in U.S. for the value of in terms of