Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
Kind of triangular arbitrage
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Assignment ID: FG133120181
Please show step by step and formulas used
A.The ER is real/$ .10, or $10 buys 1 real. The change in the ER is what percentage wise, if at the end of the year the ER is r/$ .011111111, or $ 90 buy real 1? Show it in two ways. The one is real per dollars and the other is dollars per real.
B. The Nigerian naira versus the US dollar is 7 to 1, i.e., 7 naira buy one dollar. The ER between the Swiss franc and the US dollar is one Swiss franc to 1.1 US $. Finally, the naira trades 7.02 per one Swiss franc. What kind of triangular arbitrage will induce a profit for you? Assume you start with $1 million.
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