Given the Following Exchange Rates, Which of the Multiple-Choice Choices

question 68

Multiple Choice

Given the following exchange rates, which of the multiple-choice choices represents a potentially profitable intermarket arbitrage opportunity?
¥129.87/$
€1) 1226/$
€0) 00864/¥

• A) ¥115.69/€
• B) ¥114.96/€
• C) $0.8908/€
• D) $0.0077/¥

---

Definitions:

Insured

The insured refers to the individual or entity covered under an insurance policy, receiving protection against specified loss or damage.

Insurance Policy

A contract between an individual or entity and an insurance company to provide financial protection or reimbursement against losses.

Cancel Policy

A set of rules or conditions under which an insurance policy or an agreement can be terminated before its normal expiration date by either party.

Legal Representation

The act of a lawyer or attorney acting on behalf of an individual, group, or entity in legal proceedings and matters.