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Which of the following is true regarding the euro?

Given that the Fed has most control over the portion of the monetary base (MB) that does not include the level of borrowed reserves (BR), Fed actions directed toward influencing the monetary base (MB) will often want to focus on the impact of open market operations on [answer1]. Accordingly, since MB = MBn + BR and understanding that the Fed does not fully control BR, an above expected increase in BR will result in a [answer2] required increase in  MBn in order to arrive at a given desired increase in the monetary base (MB).

Assume the following information:   Exchange rate of Japanese yen in U.S. $ = $.011 Exchange rate of euro in U.S. $ = $1.40 Exchange rate of euro in Japanese yen = 140 yen   What will be the yield for an investor who has $1,000,000 available to conduct triangular arbitrage?

A primary result of the Bretton Woods Agreement was:

If interest rate parity (IRP) exists, then the rate of return achieved from covered interest arbitrage should be equal to the rate available in the foreign country.

A firm wants to use an option to hedge NZ$ 12.5 million in receivables from New Zealand firms. The premium is $.03. The exercise price is $.58. If the option is exercised, what is the total amount of dollars received (after accounting for the premium paid)?

A put option on British pounds has a strike (exercise) price of $1.48. The present exchange rate is $1.45. This put option can be referred to as:

Swift’s “A Modest Proposal” employs extensive irony. What is irony?

National Bank quotes the following for the British pound and the New Zealand dollar:     Quoted Bid Price Quoted Ask Price Value of a British pound (£) in $      $1.61      $1.62 Value of a New Zealand dollar (NZ$) in $        $.55        $.56 Value of a British pound in        New Zealand dollars NZ$2.95 NZ$2.96   Assume you have $10,000 to conduct triangular arbitrage. What is your profit from implementing this strategy?

Within Judaism, which purpose did the brit milah, or covenant of circumcision, serve?