a. Assume that Bangor Co. (a U.S. firm) knows that it will have cash inflows of $950,000
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a. Assume that Bangor Co. (a U.S. firm) knows that it will have cash inflows of $950,000 from domestic operations, cash inflows of 220,000 Swiss francs resulting from exports to Swiss operations, and cash outflows of 579,000 Swiss francs at the end of the year. Although the future value of the Swiss franc is uncertain, your best guess is that it will be worth $1.37 at the end of this year. What are the expected dollar cash flows of Bangor Co?
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