Rasta Inc. has a market equity of USD 400 million. Rasta also has USD 120 million in
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Rasta Inc. has a market equity of USD 400 million. Rasta also has USD 120 million in USD-denominated net debt and USD 40 million in EUR-denominated net debt. Rasta’s FX business exposure to the EUR is 1.80. What would Rasta’s FX equity exposure be if the company would issue/raise an additional (new) USD 30 million in EUR-denominated debt?
Related Book For
Statistics for Business and Economics
ISBN: 978-0132930192
8th edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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