In exams: Automatic Generation of Exams in R

SYM <- c(EUR = "€", USD = "$", GBP = "£")
CURR <- c(EUR = 1, USD = 1.3109, GBP = 0.8431)
ADIDAS <- 84.8492
nr <- sample(10:100, 1)
cu <- sample(names(CURR), 1)
x <- nr * ADIDAS * CURR[cu]

Question

On 2013-05-03 one Euro (r SYM["EUR"]) was buying r CURR["USD"] US Dollars (r SYM["USD"]) and r CURR["GBP"] British Pounds (r SYM["GBP"]). At Frankfurter Börse around noon adidas AG was the largest winner compared with the day before with a price of r SYM["EUR"] r ADIDAS per share. If you buy r nr shares, how much are they worth in r SYM[cu]?

Solution

The worth in r SYM[cu] is the number of shares $\times$ stock price $\times$ exchange rate, i.e., $r nr \times r ADIDAS \times r CURR[cu] \approx r x$.

Meta-information

extype: num exsolution: r fmt(x, digits = 3) exname: Currency exchange rates extol: 0.01

exams documentation built on Nov. 14, 2022, 3:02 p.m.