Triumph Autos has contracted with an Indian software firm for design software. The payment of 22,779,750 rupees
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Triumph Autos has contracted with an Indian software firm for design software. The payment of 22,779,750 rupees (Rs) is due in 30 days. What is the cost in dollars if the 30-day forward rate is Rs 64.39/$.
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1119371403
4th edition
Authors: Robert Parrino, David S. Kidwell, Thomas Bates
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