An American business needs to pay (a) 15,000 Canadian dollars, (b) 1.5 million yen, (c) 55,000 Swiss
Question:
An American business needs to pay
(a) 15,000 Canadian dollars,
(b) 1.5 million yen,
(c) 55,000
Swiss francs to businesses abroad. What are the dollar payments to the respective countries?
Selling quotes for Foreign Currencies in newYork
Transcribed Image Text:
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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Related Book For
Financial Management Principles and Applications
ISBN: 978-0133423822
12th edition
Authors: Sheridan Titman, Arthur Keown, John Martin
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