IFIN - Lecture 2
Authored by Michal Dzielinski
Business
University
Used 4+ times
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7 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
How do we express prices of consumer goods and how is that different compared to expressing exchange rates (which can make the latter confusing)?
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2.
WORD CLOUD QUESTION
3 mins • Ungraded
You have 500 EUR and want to exchange it to USD. How many USD will you get? (Note: Use 2 significant digits and "." as decimal point!)
3.
WORD CLOUD QUESTION
3 mins • Ungraded
You have 500 USD and want to exchange it to EUR. How many EUR will you get? (Note: Use 2 significant digits and "." as decimal point!)
4.
OPEN ENDED QUESTION
5 mins • 1 pt
Is there an arbitrage profit here? Can you work out how big it is if you start with 1mln USD?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
Why are there two exchange rates for each currency pair and not just one? What can you do at either rate?
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6.
OPEN ENDED QUESTION
5 mins • 1 pt
Is there an arbitrage profit here? Can you work out how big it is if you start with 1mln USD?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
What was the % change in value of the SEK when USD/SEK went from 9.0109 to 8.5950?
(Note: Use 2 significant digits and "." as decimal point!)
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