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Question 47 Use the following return distributions for the two funds for the next 3 questions. Harrison Equipment of Denver, Colorado purchases all of its
Question 47 Use the following return distributions for the two funds for the next 3 questions. Harrison Equipment of Denver, Colorado purchases all of its hydraulic tubing from manufacturers in mainland China. The total hydraulic system costs S800,000. The company is now worried that all of the hydraulic tubing that goes into the systems (making up 30% of their total costs) will be hit by the potential 10% revaluation of the Chinese yuan. The current exchange rate is yuan8.68/S How much does the hydraulic tubing cost in yuan at the current exchange rate? Question 48 How much will the hydraulic tubing cost in dollars after the 10% revaluation of yuan? Question 49 What is the percentage increase in total hydraulic system costs due to the revaluation
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