A UK-owned MNC produces in the USA and also exports to South American countries directly from the
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A UK-owned MNC produces in the USA and also exports to South American countries directly from the UK where it is paid in US$. Its US revenue is $50 million and its operating costs are $30 million. Export sales to South America are $100 million.What is its exposure to the US$/sterling exchange rate?
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Related Book For 
Corporate Finance And Investment Decisions And Strategies
ISBN: 9780273695615
5th Edition
Authors: Richard Pike, Bill Neale
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