Assume That You Can Buy 245 Canadian Dollars with 100

question 74

Multiple Choice

$\begin{array} { | l | l | l | } \hline \text { Country } & \text { U.S. \$ Equivalent } & \text { Currency per U.S. \$ } \\\hline \text { Canada } & 1.3500 \\\hline \text { U.K. } & 1.8305 & ? \\\hline\end{array}$
Assume that you can buy 245 Canadian dollars with 100 British pounds. How much profit can you earn on a triangle arbitrage given the following rates if you start out with 100 U.S. dollars?

• A)$0.86
• B)$0.93
• C)$1.09
• D)$1.37
• E)$1.55

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Definitions:

Authoritative Parents

A parenting style characterized by high expectations of maturity and self-control from children, combined with warmth, respect, and a responsive attitude towards the child's needs and opinions.

Child's Conduct

Behaviors and actions exhibited by a child, reflecting their emotions, attitudes, and responses to their environment.

Sense of Self

The perception and awareness an individual has of themselves as a distinct entity, including their thoughts, personality, and feelings.

Disadvantaged Children

Children who face greater physical, economic, social, or emotional challenges than their peers, affecting their development and opportunities.