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Question 7 10 points Save Answer Intel is scheduled to receive ¥ 1,000,000 in 90 days. The spot rate is 106 and the doll
Posted: Sat Feb 26, 2022 9:03 am
by answerhappygod
- Question 7 10 Points Save Answer Intel Is Scheduled To Receive 1 000 000 In 90 Days The Spot Rate Is 106 And The Doll 1 (54.38 KiB) Viewed 48 times
Question 7 10 points Save Answer Intel is scheduled to receive ¥ 1,000,000 in 90 days. The spot rate is 106 and the dollar expected to strengthen by 1% over the next 90 days. What is the expected revenue in dollars if the currency risk is not hedged? Round the answer to the nearest dollar and report it without the $ sign.