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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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