Assume the Following Information What Will Be the Yield for an Investor Who Has

question 39

Multiple Choice

Assume the following information:
$$\begin{array} { l l r } \text { Exchange rate of Japanese yen in U.S. \$ } & = & \$ .011 \\\text { Exchange rate of euro in U.S. \$ } & = & \$ 1.40 \\\text { Exchange rate of euro in Japanese yen } & = & 140 \text { yen }\end{array}$$
What will be the yield for an investor who has $1,000,000 available to conduct triangular arbitrage?

• A) $100,000
• B) -$90,909
• C) 10%
• D) -9.09%

---

Definitions:

Gallup Poll

The Gallup Poll is a public opinion polling instrument conducted by Gallup, Inc., known for measuring and analyzing public opinion trends on various topics globally.

National Election

A formal decision-making process by which a country's population chooses individuals to hold public office.

Statistically Significant

A measure indicating that the results observed in a study are unlikely to have occurred by chance, suggesting a real effect.

Correlational

Pertaining to the measurement or establishment of a relationship between two or more variables.