
The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
النسخة 4الرقم المعياري الدولي: 978-0133859997
The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
النسخة 4الرقم المعياري الدولي: 978-0133859997 تمرين 21
The New Zealand dollar to U.S. dollar exchange rate iS₁.36, and the British pound to U.S. dollar exchange rate is 0.62. If you find that the British pound to New Zealand dollar were trading at 0.49, what would you do to earn a riskless profit?
التوضيح
In foreign exchange markets, various cur...
The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
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