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Apple Inc. is a U . S . - based company, that designs, manufactures, and markets mobile communication and media devices, and personal computers. It
Apple Inc. is a USbased company, that designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and thirdparty digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multipurpose tablets; and a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems. On September Apple sold inventory to Yara International, a Norwegian company. The inventory was priced at NOK million and payment is due in days. Apple's multinational finance team collected the following currency and market quotes. Apple forecasts the Norwegian Krone NOK will be at about $ NOK in days. Current spot rate $NOK $ day forward rate $NOK $ Apple's WACC day dollar interest rate day krone interest rate day dollar borrowing rate day krone borrowing rate What would be the value of Apple's investment at the end of days if it uses the proceeds from the money market hedge to invest in a US dollar investment? rounded to the nearest dollar US $ US $ US $ US $ US $
Apple Inc. is a USbased company, that designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and thirdparty digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multipurpose tablets; and a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems. On September Apple sold inventory to Yara International, a Norwegian company. The inventory was priced at NOK million and payment is due in days. Apple's multinational finance team collected the following currency and market quotes. Apple forecasts the Norwegian Krone NOK will be at about $ NOK in days.
Current spot rate $NOK
$
day forward rate $NOK
$
Apple's WACC
day dollar interest rate
day krone interest rate
day dollar borrowing rate
day krone borrowing rate
What would be the value of Apple's investment at the end of days if it uses the proceeds from the money market hedge to invest in a US dollar investment? rounded to the nearest dollar
US $
US $
US $
US $
US $
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