ACME Inc., is a New Mexico based producer of concert planos. ACME has a business value (enterprise value) of USD 60 million; an FX business exposure of 0.80 relative to the AUD; total net debt of USD 40 million out of which USD 10 million is AUD-denominated. What is ACME's FX equity exposure to the AUD?

Answer rating: 100% (QA)

The answer is 1 Explanation Equity Business Value Debt 6040 20 million Debt exposure ... View the full answer