Question: current model year the base rate is N Z $ 1 . 6 8 0 0 . a . What are the outside ranges within
current model year the base rate is $
a What are the outside ranges within which the New Zealand importer must pay at the then current spot rate?
in New Zealand dollars? How many pounds will MacLoren receive, and how does this compare with MacLoren's expected sales receipt of per car?
MacLoren Automotive receive?
d Does a risksharing agreement such as this one shift the currency exposure from one party of the transaction to the other?
e Why is such a risksharing agreement of benefit to MacLoren? Why is it of benefit to the New Zealand distributor?
a What is the upper band of the exchange rate range?
$Round to four decimal places.
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