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

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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!