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 US firm is expecting cash flows of million Mexican pesos and million Indian rupees. The current spot exchange rates are $ pesos and $ rupees. Assume these cash flows are not received for one year and the expected spot rates at that time will be $ pesos and $ rupees. What is the difference in dollars received that was caused by the delay?
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