Question: Question 5 4 points Save Answe You have been invoiced for 400,000 Pounds Sterling payable in 90 days. The current exchange rate is $1.38 per

 Question 5 4 points Save Answe You have been invoiced for400,000 Pounds Sterling payable in 90 days. The current exchange rate is

Question 5 4 points Save Answe You have been invoiced for 400,000 Pounds Sterling payable in 90 days. The current exchange rate is $1.38 per Pound Sterling. The 90-day forward rate is $1.43 per Pound Sterling. What is the cost of the invoice in U.S. dollars if the forward contract is purchased. Question 4 4 points Save For the month the firm had net cashflow of $198. Cash disbursements were $300. The end of the month cash balance was $235, what was the beginning cash balance

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