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Safari File Edit View History Bookmarks Window Help Wed 8:59 AM . . . mathxl.com Content Do Homework - HW 10 + FINC3641628 International Finance

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Safari File Edit View History Bookmarks Window Help Wed 8:59 AM . . . mathxl.com Content Do Homework - HW 10 + FINC3641628 International Finance Spring 2021 Timeeka Milton & | 04/21/21 8:59 AM Homework: HW 10 Save Score: 0 of 3 pts 1 of 6 (0 complete) HW Score: 0%, 0 of 18 pts Problem 10-1 (algorithmic) Question Help BioTron Medical, Inc. Brent Bush, CFO of a medical device distributor, BioTron Medical, Inc., was approached by a Japanese customer, Numata, with a proposal to pay cash (in yen) for its typical orders of *11,800,000 every other month if it were given a 3.8% discount. Numata's current terms are 30 days with no discounts. Using the quotes and estimated cost of capital for Bio Tron Medical in the popup window, Bush will compare the proposal with covering yen payments with forward contracts. Should Brent Bush accept Numata's proposal? Assume a 360-day financial year. How much in U.S. dollars will BioTron Medical receive with the discount? i Data Table - X $ 101580.31 (Round to the nearest cent.) How much in U.S. dollars will BioTron Medical receive with no discount but fully covered with a forward contract? Spot rate: 111.75/$ $(Round to the nearest cent.) 30-day forward rate: *111.15/$ 90-day forward rate: *109.75/$ 180-day forward rate: *108.95/$ Numata's WACC 8.61% BioTron's WACC 9.37% Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet. Print Done Enter your answer in the answer box and then click Check Answer. ? part Clear All Check Answer remaining 4 APR 2 22347 ... 21 .. . itv A W O

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