Which of the Following Is an Example of Triangular Arbitrage

question 42

Multiple Choice

Which of the following is an example of triangular arbitrage initiation?

• A) Buying a currency at one bank's ask and selling at another bank's bid, which is higher than the former bank's ask.
• B) Buying Singapore dollars from a bank (quoted at $0.55) that has quoted the South African rand (ZAR)/Singapore dollar (S$) exchange rate at ZAR2.50 when the spot rate for the South African rand is $0.20.
• C) Buying Singapore dollars from a bank (quoted at $0.55) that has quoted the South African rand/Singapore dollar exchange rate at ZAR3.00 when the spot rate for the South African rand is $0.20.
• D) Converting funds to a foreign currency and investing the funds overseas.

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Definitions:

Nutrition

The process by which living organisms obtain food or nutrients, digest them, and use them for growth, reproduction, and maintaining health.

Sertoli Cells

Specialized cells found within the seminiferous tubules of the testes, responsible for nurturing and supporting the development of sperm cells.

Luteinizing Cells

Cells involved in the production of luteinizing hormone, which plays a key role in regulating reproductive processes.

Interstitial Cells

Specialized cells located in the connective tissues of various organs, involved in the production and secretion of hormones or other substances.