Hitachi has accounts receivable of USD16 million, accounts payable of USD23 million and outstanding USD-denominated debt of

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Hitachi has accounts receivable of USD16 million, accounts payable of USD23 million and outstanding USD-denominated debt of USD420,000 due in 10 days' time. The current spot rate is JPY114/USD. What is Hitachi's operating exposure in JPY terms?

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Finance Applications and Theory

ISBN: 978-0077861681

3rd edition

Authors: Marcia Cornett, Troy Adair

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Posted Date: May 12, 2023 03:47 AM

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Hitachi has accounts receivable of USD16 million, accounts payable of USD23 million and outstanding USD-denominated debt of

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To calculate Hitachis operating exposure in JPY terms we need to first convert all the relevant figures into JPY using the current spot rate of JPY114... View the full answer

Finance Applications and Theory

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