Question: You are a U . S . - based exporter of bicycles and just sold competition - style bicycles for 1 0 0 , 0

You are a U.S.-based exporter of bicycles and just sold competition-style bicycles for 100,000 to a buyer in Italy. You will receive a payment of 100,000 from the Italian buyer in one year. You are concerned about the dollar proceeds you will receive from this sale in one year.

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