Purchase Solution

International Cross-exchange rates

Not what you're looking for?

Ask Custom Question

A dealer in Australia quotes A$1.7430-40/$,
A dealer in Paris quotes $0.8610-20/euro.
A dealer in Germany quotes euro 0.6667-76/A$.

What should the German dealer quote to prevent any arbitrage?

Purchase this Solution

Solution Summary

The international cross-exchange rates are analyzed. The formula below is how you find the cross rates between currencies.

Solution Preview

Hello,

Assuming you are asking what the German dealer should quote Euros per USD.

The formula below is how you find the cross ...

Purchase this Solution


Free BrainMass Quizzes
Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

MS Word 2010-Tricky Features

These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations