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A UK exporter expects to receive 30,000$ in 6 months' time. She was quoted the following exchange rate pair : [1=1.3058$;1=1.3082$]. How much, approximately, would
A UK exporter expects to receive 30,000$ in 6 months' time. She was quoted the following exchange rate pair : [1=1.3058$;1=1.3082$]. How much, approximately, would the exporter expect to receive from the bank in GBP when convering his/her dollars. 22932 None of the choices 15316 Impossible as the bank will only display one rate
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