Question: Postal Express has outlets throughout the world It also keeps funds tor transactions purposes n many foreign countries Assume in 2010 it held 210.000 reals
Postal Express has outlets throughout the world It also keeps funds tor transactions purposes n many foreign countries Assume in 2010 it held 210.000 reals in Brazil worth 140.000 dollars It drew 9 percent merest, bull the Brazilian real declined 18 percent against the dollar. What is the value of its holdings, based on U S dollars, at year-end? (Do not round intermediate calculations.) Value of the holdings what is the value of its holdings based on U S dollars, at year-end it instead it drew 6 percent merest and the real went up by 10 percent against the dollar? (Do not round intermediate calculations.) Value of the holdings
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