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Homework: Chapter 18 Homework Save Score: 0 of 1 pt 1 5 of 7 (7 complete) HW Score: 85.71%, 6 of 7 pts X P18-15
Homework: Chapter 18 Homework Save Score: 0 of 1 pt 1 5 of 7 (7 complete) HW Score: 85.71%, 6 of 7 pts X P18-15 (similar to) Question Help o Transaction exposure. International Products, Inc. has ordered 14,000 leather coats from Argentina for delivery in 15 months. The contracted cost of a coat is 116 pesos. International Products will pay for the coats upon delivery. The current indirect exchange rate is $1 for 1.3722 pesos. The anticipated inflation rate is 2.6% in the United States and 7.8% in Argentina. In U.S. dollars, how much will the 14,000 leather coats cost International Products at delivery? In U.S. dollars, how much will the 14.000 leather coats cost International Products delivery? $ 1109331.19 (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer. ? All parts showing Clear All Final Check
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