You are a U.S exporter who sells goods at $10 USD each to a buyer in Canada.
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Question:
You are a U.S exporter who sells goods at $10 USD each to a buyer in Canada. The exchange rate is $1USD = $1.25 CAD. What is the cost to the Canadian buyer in Canadian dollars?
Related Book For
Corporate Finance Core Principles And Applications
ISBN: 9781260571127
6th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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