Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. question 12 you have 1,000,000 and would like japa

QUESTION 12 You have 1,000,000 and would like Japanese yen. You are quoted the following:...

90.2K

Verified Solution

Question

Finance

image
QUESTION 12 You have 1,000,000 and would like Japanese yen. You are quoted the following: dollar-euro exchange rate: $1.60 = 1.00 dollar-yen exchange rate: $1.00 = 120. Assuming transaction costs are zero, how many yen could you get? 45,208.33 192,000,000 75,000,000 5,208,333

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Your next project will take place on a two-lane street (each lane is 12 ft wide)....

Civil Engineering
Q

angel of incedence angle of reflection average angle of reflection clockwise counterclockwise 10 10 10 10 20 20 20 20 30 30 30 30 40 40 40 40 50 50 50 50 60 60 60 60 70 70 70 70 80 80 80 80 acrylic lens Glass lens angel of incedence angle of reflection average angle of reflection angle of reflection average...

Physics
Q

A rigid tank with a volume of 20 litres initially contains water at 0.1 degree of...

Mechanical Engineering
Q

The lungs digestive sytem pancreas originate from which of the following germ layers Ectoderm Oendoderm...

Biology
Q

6 180 Consider the following PV diagram for a monoatomic gas The ratio of work...

Physics
Q

Which statements are correct Check all that apply A chord is sometimes a radius A...

Geometry
Q

e ne 6 he 15 87 Two smooth disks A and Beach have a mass...

Basic Math
Q

6y 3y 8 6y 2 Simplify your answer

Algebra
Q

2. Determine a present value index for each proposal. If required, round your answers to...

Accounting
Q

The following information relates to December 31 adjustments for Finest Print, a printing company. The...

Accounting
Q

You are a mortgage agent and a client approaches you for income of $75,000 and...

Finance
Q

find the compund interest of 15000 for 2 years at 8% of interest rate

Finance