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  3. suppose the japanese yen exchange rate is yen 76 =

Suppose the Japanese yen exchange rate is yen 76 = $1, and the British pound...

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Accounting

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Suppose the Japanese yen exchange rate is yen 76 = $1, and the British pound exchange rate is pound 1 = $1.61. a. What is the cross-rate in terms of yen per pound? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Cross-rate yen b. Suppose the cross-rate is yen 127 = pound 1. What is the arbitrage profit per dollar used? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Arbitrage $

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