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The exchange rate with Poland is expected to be $0.2583/Zloty next year.The exchange rate with Iceland is expected to be $0.0081/Krona next year.An MNC expects
The exchange rate with Poland is expected to be $0.2583/Zloty next year.The exchange rate with Iceland is expected to be $0.0081/Krona next year.An MNC expects to earn 7,800,000 Zloty and 85,000,000 Krona next year.The MNC has a discount rate of 11%.Calculate the dollar value today of next years foreign operations.
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