Question: MNC has entered in forward contract w/ a forward rate of $1.38 / GBP for seling GBP 200,000 at end of yr. the MNC remitted
MNC has entered in forward contract w/ a forward rate of $1.38 / GBP for seling GBP 200,000 at end of yr. the MNC remitted cash flows to the US are GBP 352,000 and the currency spot exchange rate is $1.35 / GBP?
What s the value of the MNC cash flow in dollars
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