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Donaldson Company expects to receive a payment of CAD 530,000 four years from now. The risk-free rate of retum is 0.86 percent in the U.S.

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Donaldson Company expects to receive a payment of CAD 530,000 four years from now. The risk-free rate of retum is 0.86 percent in the U.S. and 2.10 percent in Canada. Assume the current exchange rate is CAD1 = $.74. How much will the payment four years from now be worth in US dollars? (Hint: Find the expected spot rate four years from today, then convert the payment iCAD into USS) O $352 203 O $362,769 O $373,335 O $383,901 O $394,467 Andrei D. won a prize of US$10,000 and decided to go on vacation abroad. He spent SGD5.700 in Singapore and JPY260,000 in Japan. The exchange rates were SGD1 = US$0.74 and US$1 = JPY106.28. When he returned to the US he converted tho remaining money into Guatemalan Quetzal (GTO) at the exchange rate US$1 = GTO7.70 and donated the money to a Guatemalan non-profit organization. How much in GTO, did he donate to the non-profit organization? 27,857,87 O 27.133.37 26,408,87 25,684.37 24,959.87

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