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Question 1 (20 marks) David Point Ltd., a U.S. firm, has net receivables of 345,000 Singapore dollars in 90 days. The spot rate of the

Question 1 (20 marks) David Point Ltd., a U.S. firm, has net receivables of 345,000 Singapore dollars in 90 days. The spot rate of the S$ is $0.50, and the Singapore and US interest rates are 4% and 6...

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