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PLEASE SHOW THE FORMULAS AND HOW YOU GOT THE ANSWERS! THANK YOU! 5. Vancouver Exports. A Canadian exporter, Vancouver Exports, will be receiving six payments

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PLEASE SHOW THE FORMULAS AND HOW YOU GOT THE ANSWERS! THANK YOU!

5. Vancouver Exports. A Canadian exporter, Vancouver Exports, will be receiving six payments of 12,000, ranging from now to 12 months in the future. Since the company keeps cash balances in both Canadian dollars and U.S. dollars, it can choose which currency to change the euros to at the end of the various periods. Which currency appears to offer the better rates in the forward market

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