8-1

On March 13, 2020, you convert 510,000 U.S. dollars to Japanese yen In the spot foreign exchange market and purchase a slx-month forward contract to convert yen Into dollars. How much will you recelve in U.S. dollars at the end of slx months? Use the data In Table 9-1 for this problem. (Round your answer to 2 decimal places. ( e.g. .32.16)) On March 13, 2020, you convert 510,000 U.S. dollars to Japanese yen In the spot foreign exchange market and purchase a slx-month forward contract to convert yen Into dollars. How much will you recelve in U.S. dollars at the end of slx months? Use the data In Table 9-1 for this problem. (Round your answer to 2 decimal places. ( e.g. .32.16))