Question
Case study: Car dealer in VS sells on Dec 10, 2010 10 Mercedes each 100.000 cogs to a client in Switzerland, payment terms 360 days
Case study:
Car dealer in VS sells on Dec 10, 2010 10 Mercedes each 100.000 cogs to a client in Switzerland, payment terms 360 days
He calculates a Margin of 10% over cogs, ie. the sales price is 110.000 As the client wants to pay the cars in sfr, what is the sfr price that makes
sure we get the 110.000 ?
Spot rate: 1,25 Sfr interest rate: 1,5% interest rate: 3%
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Corporate Financial Management
Authors: Glen Arnold
4th Edition
0273719068, 978-0273719069
