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QUESTION 3: You manufacture wine goblets. In mid June you receive an order for 10,000 goblets from Japan. Payment of 400.000 is due in mid

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QUESTION 3: You manufacture wine goblets. In mid June you receive an order for 10,000 goblets from Japan. Payment of 400.000 is due in mid December. You expect the yen to rise from its present rate of $1=130 to $1=100 by December. You can borrow yen at 6% per annum. What should you do

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