Question

A U.S. firm is expecting cash flows of 25 million Mexican pesos and 35 million Indian rupees. The current spot exchange rates are: $1 = 12.268 pesos and $1 = 45.204 rupees. If these cash flows are not received for one year and the expected spot rates at that time will be $1 = 11.118 pesos and $1 = 44.075 rupees, then what is the difference in dollars received that was caused by the delay?




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  • CreatedSeptember 23, 2014
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