K-Roo, an Australian trampoline producer, wants to engage in a business opportunity in France that requires it
Fantastic news! We've Found the answer you've been seeking!
Question:
K-Roo, an Australian trampoline producer, wants to engage in a business opportunity in France that requires it to swap out of AUD and into EUR for an amount of EUR14669, for a period of 2 months.
What are the cashflows associated with this swap transaction?
AUD/EUR Spot Rate | 60 Days |
1.1992-1.2041 | 20-16 |
a. AUD 17662.94 outflow now and AUD 17561.73 inflow in 2 months
b. AUD 17662.94 outflow now and AUD 17620.40 inflow in 2 months
c. AUD 17662.94 outflow now and AUD 17686.41 inflow in 2 months
d. AUD 17591.06 outflow now and AUD 17620.40 inflow in 2 months
e. AUD 17591.06 outflow now and AUD 17561.73 inflow in 2 months
Related Book For
Research Methods for Business A Skill Building Approach
ISBN: 978-1119942252
6th edition
Authors: Uma Sekaran, Roger Bougie
Posted Date: