Crane, Inc., sold equipment to an Irish firm and will receive 1,319,405 in 30 days. If the

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Crane, Inc., sold equipment to an Irish firm and will receive €1,319,405 in 30 days. If the company entered a forward contract to sell at the 30-day forward rate of $1.0812/€, what is the dollar revenue received?

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Fundamentals of Corporate Finance

ISBN: 978-1119371403

4th edition

Authors: Robert Parrino, David S. Kidwell, Thomas Bates

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