An American business pays $15,000, $30,000, and $70,000 to suppliers in Australia, Japan, and Mexico, respectively How much, in local currencies, do the suppliers receive COUNTRY CURRENCY CONTRACT $ FOREIGN CURRENCY Australia dollar Spot 0 71023 30 day 0 71050 90 day 0 71140 Japan yen Spot 0 895000...

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An American business pays $15,000, $30,000, and $70,000 to suppliers in Australia, Japan, and Mexico, respectively. How

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An American business pays $15,000, $30,000, and $70,000 to suppliers in Australia, Japan, and Mexico, respectively. How much, in local currencies, do the suppliers receive?

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Foundations Of Finance

ISBN: 9781292318738

10th Global Edition

Authors: Arthur Keown, John Martin, J. Petty

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Question Posted: Apr 17, 2024 01:00 AM

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An American business pays $15,000, $30,000, and $70,000 to suppliers in Australia, Japan, and Mexico, respectively. How

Question:

COUNTRY-CURRENCY CONTRACT $/FOREIGN CURRENCY Australia-dollar Spot 0.71023 30-day 0.71050 90-day 0.71140 Japan-yen Spot 0.895000 30-day 0.895850 90-day 0.900200 Mexico-peso Spot 0.052422 30-day 0.052360 90-day 0.051850

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Foundations Of Finance

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