Question: can you answer the questions please Ch 17: Assignment Multinational Financial Management Q Search this cours What are spot rates and forward rates? Purple Whale
Ch 17: Assignment Multinational Financial Management Q Search this cours What are spot rates and forward rates? Purple Whale Foodstuffs Inc., a U.S. company produces and exports industrial machinery overseas. It recently made a sale to a Japanese manufacturing firm for 4658 million, but the Japanese firm has 60 days before it must make the payment to Purple Whale Foodstuffs too. The spot exchange rate is $132.78 per dollar, and the 60-day forward rate is 134.72 per dollar. Is the yer selling at a premium or at a discount in the forward market relative to the U.S. dollar? In the forward market, the yen is trading at a premium The ven is trading at a discount in the forward market. If the customer pays Purple Whale Foodstuffs Inc. the 4658 million today, how much will Purple Whale Foodstuffs to receive in detta? $6.20 million 35.24 million 35.70 million 34.95 million Assuming that the forward market is correct and the spot exchange rate in to dess will equal the to-day forward change rate today. Pub Foodstuffs Inc. would get more dollars of the Japanese firm paid off its account 52F Clear 11.58 PM 11/17/
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