Question: Worked the question but would like to see the math to make sure Im right. Thanks. Please answer the next two questions based on the
Please answer the next two questions based on the following table which projects inflows and outlows in two different currencies for Digiphone.com, a US based firm. Also given are the projected exchange rates for these currencies as well as the projected range of each exchanges rate Inflows Outflows Projected exchange rates Hong Kong $ 0 500,000 $0.75 $0.55 -$0.85 Mexican Peso 14,000,000 8,000,000 $0.10 0.02-$0.25 Projected range of exchange rates 4. Based on the above projections, the overallnet cash flow from both currencies is expected to be: A. +$2,575,000 +$975,000 + $225,000 D. $2,575,000 5. Based on the above projections, the range of the overall net cash flows from both currencies is expected to be: A. from +$1,075,000 to-$155,000 B. from +$1,225,000 to- $155,000 C. from +$1,075,000 to $305,000 Dfrom +$1,225,000 to- $305,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
