Weyerhaeuser Inc.the U.S. lumber multinational is importing a shipment of pine trees from Canada. The invoice is
Question:
Weyerhaeuser Inc.—the U.S. lumber multinational—
is importing a shipment of pine trees from Canada. The invoice is for CAD 250 million. Wells Fargo’s currency trader quotes the Canadian dollar at CAD 0. 9802-47 = US$1. What is the U.S. dollar cost of this import transaction for Weyerhaeuser Inc.?
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Related Book For 
International Corporate Finance Value Creation With Currency Derivatives In Global Capital Markets
ISBN: 9781119550464
2nd Edition
Authors: Laurent L. Jacque
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