Question: Rate Table 1 US Dollar US Dollar 1.00 USD Inv. 1.00 USD Euro 0.849341 1.177384 British Pound 0.767078 1.303649 Indian Rupee 63.646822 0.015712 Australian Dollar

Rate Table 1 US Dollar US Dollar 1.00 USD Inv. 1.00 USD Euro 0.849341 1.177384 British Pound 0.767078 1.303649 Indian Rupee 63.646822 0.015712 Australian Dollar 1.261092 0.792963 Canadian Dollar 1.264788 0.790646 Singapore Dollar 1.366360 0.731872 Swiss Franc 0.972909 1.027845 Malaysian Ringgit 4.280730 0.233605 Japanese Yen 110.678297 0.009035 Chinese Yuan Renminbi 6.728534 0.148621 Forward Contracts B. Pounds per 1$ 30 days BP 0.75432/$ 60 days BP 0.73458/$ 90 days BP 0.71997/$ You have decided to set up an export business. You will be exporting handmade furniture to Great Britain. The importer has agreed to pay you in British Pounds. For your first shipment of beds, the importer will pay you today British Pounds 50,000. How much will you make in US dollars?

$65,182

$38,354

$7,671

$13,036

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