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Consider US based multinational that undertakes international business in the following four currencies; British Pound (), Kenya Shilling (KES), Mexican Peso (P) and Canadian Dollar
Consider US based multinational that undertakes international business in the following four currencies; British Pound (), Kenya Shilling (KES), Mexican Peso (P) and Canadian Dollar (C$). The inflows and outflows in each currency are as shown below
CURRENCY | INFLOWS | OUTFLOWS | EXPECTED EXCHANGE RATE |
British Pound () | 20 | 5 | $1.55 |
Kenya Shilling(KES) | 25 | 10 | $0.02 |
Mexican Peso (P) | 85 | 15 | $0.15 |
Swedish Krona (SK) | 80 | 120 | $0.30 |
Canadian Dollar (C$) | 15 | 3 | $0.90 |
Required
Estimate the net position in dollars for all currency
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