You have sold 104 million at a spot price of . One year later, you pay dollars
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You have sold ¥104 million at a spot price of . One year later, you pay dollars to buy back ¥104 million at the prevailing spot rate of . How much have you gained or lost in dollars?
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Related Book For 
Multinational Finance Evaluating The Opportunities Costs And Risks Of Multinational Operations
ISBN: 9781119219682
6th Edition
Authors: Kirt C. Butler
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