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A multinational corporation has purchased a manufacturing plant in a foreign country with an exchange rate of $0.3435 of the foreign currency =$1US, for a
A multinational corporation has purchased a manufacturing plant in a foreign country with an exchange rate of $0.3435 of the foreign currency =$1US, for a total cost of $12,500,000U.S. Soon after after the purchase, the purchase, the countrys leadership orders that the plant be nationalized and mandates that the MNC sell the plant at a discount at a diacounted exchange rate of $0.2241. How much in US dollars will the MNC lose on the transaction. A. $6,154,438.75 B. $2,638,750.22 C. $ 4,345,561.25 D. $ 5,214,424,.50
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