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question 25

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You are a U.S.-based treasurer with $1,000,000 to invest.The dollar-euro exchange rate is quoted as $1.20 = €1.00 and the dollar-pound exchange rate is quoted at $1.80 = £1.00.If a bank quotes you a cross rate of £1.00 = €1.50,how much money can an astute trader make?

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Extroversion

A personality trait characterized by outgoing, sociable, and assertive behaviors where individuals draw energy from being around others.

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An offer of admission to a program or position contingent upon the recipient meeting specific requirements before full acceptance.

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