Question: Problem 3 Intro Assume Facebook borrowed 40 million from an Irish bank to build a datacenter in Dublin. When the money was lent, the exchange
Problem 3 Intro Assume Facebook borrowed 40 million from an Irish bank to build a datacenter in Dublin. When the money was lent, the exchange rate was 1.34 dollars per euro, but has now changed to 1.24 dollars per euro. >>> Part 1 Attempt 3/3 for 8 pts. Assuming that most of Facebook's shareholders live in the U.S.A., what was Facebook's profit or loss as the result of the change in the exchange rate? Enter profits as positive numbers and losses as negative numbers. p+ decimals Submit
Intro Assume Facebook borrowed 40 million from an Irish bank to bulld a datacenter in Dublin. When the money was lent, the exchange rate was 1.34 dollars per euro, but has now changed to 1.24 dollars per euro. Part 1 1* Attempt 3/3 for 8 pts. Assuming that most of Facebook's shareholders live in the U.S.A., what was Facebook's profit or loss as the result of the change in the exchange rate? Enter profits as positive numbers and losses a negative numbers
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