Triumph Autos has contracted with an Indian software firm for design software. The payment of 22,779,750 rupees

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Triumph Autos has contracted with an Indian software firm for design software. The payment of 22,779,750 rupees (Rs) is due in 30 days. What is the cost in dollars if the 30-day forward rate is Rs43.39/$.

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 01:45 AM

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Triumph Autos has contracted with an Indian software firm for design software. The payment of 22,779,750 rupees

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Fundamentals of corporate finance

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