![Business](/tpl/images/cats/ekonomika.png)
Business, 27.08.2019 23:30, nulledcracker12
Suppose that one euro can be exchanged for 1.3 u. s. dollars and that one u. s. dollar can be exchanged for 95 japanese yen. if these currencies can be traded freely with low transaction costs, what exchange rate would you expect between euros and the japanese yen? describe the transactions that would occur if the euro-yen exchange rate is higher than this amount (more yen per euro). (hint: is arbitrage relevant? ) one euro can be exchanged for nothing yen. (enter your response rounded to one decimal place.)
![answer](/tpl/images/cats/otvet.png)
Answers: 3
Similar questions
![Предмет](/tpl/images/cats/istoriya.png)
History, 20.07.2019 07:00, spalmer7
Answers: 2
![Предмет](/tpl/images/cats/mat.png)
Mathematics, 14.09.2019 03:30, straightbarz4643
Answers: 1
![Предмет](/tpl/images/cats/mat.png)
![Предмет](/tpl/images/cats/ekonomika.png)
Business, 12.10.2019 03:10, ennaturan
Answers: 2
Do you know the correct answer?
Suppose that one euro can be exchanged for 1.3 u. s. dollars and that one u. s. dollar can be exchan...
Questions in other subjects:
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.07.2020 02:01
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.07.2020 02:01
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 26.07.2020 02:01
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.07.2020 02:01
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.07.2020 02:01
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 26.07.2020 02:01
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.07.2020 02:01