Forward rate: Crane, Inc., sold equipment to an Irish firm and will receive 1,319,405 in 30 days.
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Forward rate: Crane, Inc., sold equipment to an Irish firm and will receive €1,319,405 in 30 days. If the company entered a forward contract to sell at the 30-day forward rate of $1.2183/€, what is the dollar revenue received?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781119795438
5th Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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