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If international products will pay for the hats at delivery and scheduled delivery is 6 months away, what is the cost of the hats in
If international products will pay for the hats at delivery and scheduled delivery is 6 months away, what is the cost of the hats in us dollars?
Did waiting the 6 months to pay increase or decrease the payment? If so, by how much?
Transaction exposure. International Products has contracted for 5,000 winter hats from Russia. The contract price is 1,350 rubles per hat. The current direct exchange rate is 0.03079. The expected inflation rate for the next 6 months is 5.7% in the United States and 2.4% in Russia. If International Products will pay for the hats at delivery and scheduled delivery is 6 months away, what is the cost of the hats in U.S. dollars? Did waiting the 6 months to pay increase or decrease the payment in U.S. dollars)? If so, by how much? If International Products will pay for the hats at delivery and scheduled delivery is 6 months away, what is the cost of the hats in U.S. dollars? (Round to the nearest cent.)Step by Step Solution
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