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5-8 please answer a,b,c 3P and Rosneft 2015. BP (UK) and Rosneft (Russia) had severed a long-term joint venture in 2013, with Rosneft buying BP

5-8 please answer a,b,c
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3P and Rosneft 2015. BP (UK) and Rosneft (Russia) had severed a long-term joint venture in 2013, with Rosneft buying BP out with $54 billon in cash and a 20% interest (equity nterest) in Rosneft itself. Rosneft financed a large part of the buyout by borrowing hoavly. The following year, in July 2014, BP received a dividend on its ownership interest in Rosneft of RUB25 billion. But Rosneff's performance had been declining. as was the Russian ruble. The winter of 20142015 in Europe was a relatively mild one, and Europe's purchases of Rosnett's natural gas had fallen as had the price of natural gas. Rosneff's total sales were down, and the ruble had clearly fallen dramatically And to add debt to injury Rosneft was due to make a payment of USD 19.4 bifion in 2015 on its debt from the BP buyout a. Assuming a spot rate of RUB34 75= USD 100 in July 2014, how much was the dividend paid to BP in U.S dollars? b. If Rosheft were to pay the same dividend to BP in July 2015, and the spot rate at that time was RUB75.01 = USD 00 , what would BP receive in US dollars? c. If the combination of Westem sanctions agahst Russla and lower global oil prices truly sent the Ruselan economy inte recession, and the spot rate was RuB75 or = USD 00 in July 2015, what might BP's dividend be in July 2015? a. Assuming a spot rate of RUB34 75= USD1.00 in July 2014, how much was the dividend paid to BP in US dollars? The dividend paid to BP is $ (Round to the nearest cent)

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