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Currency Game Assignment ou are the CFO of Big Stuff International, a company with maior operations in the U.S., Italyan however, you transact business in
Currency Game Assignment ou are the CFO of Big Stuff International, a company with maior operations in the U.S., Italyan however, you transact business in many other currencies. In each major operation you n US $10 million. As the CFO it is your job to decide in which currencies you want to hold this the money in any currency in the world. Your job is to maximize the value of these holdings on when all currencies must be converted to U.S. dollars for tax reasons. r operations in the U.S., Italy and Brazil. major operation you have the equivalent of es you want to hold this cash. You can hold alue of these holdings on April 9, 2020 Stipulations As of February 25, 2020, your portfolio of currencies is: 0 USD $10,000,000 o EUR 9,225,570 o BRL R$43,884,000 o These values will be updated as of February 25, 2020, the start date of the assignment. You must make at least one trade each week. You must make at least one trade from each currency over the course of the game. You must sell at least 30% of each currency listed above over the course of the game. You can buy/sell any world currency for which an exchange rate exists. To buy/sell currencies, send me an email on the day you want to make the trade, the prevailing exchange rate and your reasoning for making the trade. I will verify the rate for accuracy. At 8:30 a.m. on April 21, 2020 all balances will be converted to U.S. dollars at the prevailing exchange rates. No cryptocurrencies are allowed. Portfolio balances stated in U.S. dollars will be updated once a week. Highest value portfolio will win an "exciting" prize. Currency Game Assignment ou are the CFO of Big Stuff International, a company with maior operations in the U.S., Italyan however, you transact business in many other currencies. In each major operation you n US $10 million. As the CFO it is your job to decide in which currencies you want to hold this the money in any currency in the world. Your job is to maximize the value of these holdings on when all currencies must be converted to U.S. dollars for tax reasons. r operations in the U.S., Italy and Brazil. major operation you have the equivalent of es you want to hold this cash. You can hold alue of these holdings on April 9, 2020 Stipulations As of February 25, 2020, your portfolio of currencies is: 0 USD $10,000,000 o EUR 9,225,570 o BRL R$43,884,000 o These values will be updated as of February 25, 2020, the start date of the assignment. You must make at least one trade each week. You must make at least one trade from each currency over the course of the game. You must sell at least 30% of each currency listed above over the course of the game. You can buy/sell any world currency for which an exchange rate exists. To buy/sell currencies, send me an email on the day you want to make the trade, the prevailing exchange rate and your reasoning for making the trade. I will verify the rate for accuracy. At 8:30 a.m. on April 21, 2020 all balances will be converted to U.S. dollars at the prevailing exchange rates. No cryptocurrencies are allowed. Portfolio balances stated in U.S. dollars will be updated once a week. Highest value portfolio will win an "exciting" prize
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