Question: A U . S . firm is expecting cash flows of 2 5 million Mexican pesos and 3 5 million Indian rupees. The current spot

A U.S. firm is expecting cash flows of 25 million Mexican pesos and 35 million Indian rupees. The current spot exchange rates are $1=12.268 pesos and $1=45.204 rupees. Assume these cash flows are not received for one year and the expected spot rates at that time will be $1=11.118 pesos and $1=44.075 rupees. What is the difference in dollars received that was caused by the delay?

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