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1. A U.S. based MNC has contracted to sell 250 million electronic chips to a Swedish firm for 25 Krona each. The chips are to

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1. A U.S. based MNC has contracted to sell 250 million electronic chips to a Swedish firm for 25 Krona each. The chips are to be delivered and paid for in 4 months. The current exchange rate between Krona and the $ is $1.00 equals 8.873 Krona. At today's exchange rate how much will the firm be paid for the chips in dollars? I Emphasis 2. Consider the information provided in #1 above. In three months, when the chips are delivered and paid for, the exchange rate is $1.00 equals 8.5 Krona. How many dollars will the U.S. firm receive for the chips

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