Given Three Hypothetical Exchange Rates $\le$ /$ = 06 $\times$ /$ = 09 And Hypothetical

question 66

Multiple Choice

Given three hypothetical exchange rates: $\le$ /$ = 0.6, $\times$ /$ = 0.9 and $\times$ / $\le$ = 1.6, what is the arbitrage profit assuming you have $100?

• A) $10.00
• B) $3.33
• C) $5.00
• D) $6.67
• E) No arbitrage is possible

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Definitions:

Reproduction

The biological process by which new individual organisms are produced, either asexually from a single parent or sexually from two parents.

Sexual Relationship

An intimate relationship between individuals that involves sexual activity.

Optimal Mating Strategy

A concept in evolutionary psychology that suggests individuals select mates in a way that will maximize their reproductive success and enhance the survival and quality of their offspring.

Parental Investment

signifies any investment by a parent in an individual offspring that increases the offspring's chance of surviving (and hence reproductive success) at the cost of the parent's ability to invest in other offspring.