Which of the Following Is an Example of Triangular Arbitrage

question 52

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 $.55) that has quoted the South African rand (SAR)/Singapore dollar (S$) exchange rate at SAR2.50 when the spot rate for the rand is $.20
• C) ​buying Singapore dollars from a bank (quoted at $.55) that has quoted the South African rand/Singapore dollar exchange rate at SAR3.00 when the spot rate for the rand is $.20
• D) ​converting funds to a foreign currency and investing the funds overseas

Interpret bond market pricing and the effect of market dynamics on bonds' value.

Understand the importance of accurately recording formal meeting minutes and their components.

Differentiate between primary and secondary factual information and their relevance to reports.

Identify and categorize different types of business reports based on their purpose.

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Definitions:

Situationally Ethical

An approach to ethics where moral decisions are made based on the specifics of the situation rather than fixed principles, which can lead to variability in ethical judgments.

Amoral

Lacking moral sensibility; not involving questions of right or wrong.

Rokeach's Survey

is a psychological assessment tool developed by Milton Rokeach that measures individual values and beliefs.

Sense of Accomplishment

A feeling of pride and fulfillment that comes from achieving something significant, whether in personal or professional contexts.