An American business needs to pay (a) 15,000 Canadian dollars, (b) 1.5 million yen, (c) 55,000 Swiss

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An American business needs to pay

(a) 15,000 Canadian dollars,

(b) 1.5 million yen,

Swiss francs to businesses abroad. What are the dollar payments to the respective countries?

Selling quotes for Foreign Currencies in newYork

An American business needs to pay (a) 15,000 Canadian dollars,

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Financial Management Principles and Applications

ISBN: 978-0133423822

12th edition

Authors: Sheridan Titman, Arthur Keown, John Martin

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Question Posted: Oct 31, 2014 07:38 AM

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An American business needs to pay (a) 15,000 Canadian dollars, (b) 1.5 million yen, (c) 55,000 Swiss

Question:

Country-Crency Contract $/Forelgn Currency Canada dollar Spot 30-day 90-day Spot 30-day 90-day Spot 30-day 90-day 8439 8410 8390 004680 004720 004787 5140 5179 -5335 Japan-yen Switzerland-franc

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Financial Management Principles and Applications

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