Question
1) what if your customers in France want to purchase a batch of your Mercedes computers. The price of the batch load is 95 million
1) what if your customers in France want to purchase a batch of your Mercedes computers. The price of the batch load is 95 million Euros. If the exchange rate is 1 euro per 9 dollars, the price of this batch of Mercedes computers to French customers would be:
A) 855 million euros. B) 85.5 million euros. C) 83.6 million euros. D) 10.6 million euros.
2) what if your customers in France want to purchase a batch of your Mercedes computers. The price of the batch load is 95 million Euros. If the exchange rate is 1 euro per 10 dollars, the price of your batch of Mercedes computers to French customers would be:
A) 9.5 million euros B) 85.5 million euros. C) 10 million euros. D) 950 million euros.
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Understanding Futures Markets
Authors: Robert Kolb, James Overdahl
6th Edition
1405134038, 9781405134033
