USD = US Dollars BRL - Brazilian Reals January 2, 2020: USD-BRL = 4.2085 May 15, 2020: USD-BRL = 5.8071 INSTRUCTIONS ON HOW TO ENTER YOUR SOLUTIONS: 1) ROUND ALL FINAL ANSWERS IN USD OR BRL TO TWO DECIMAL PLACES WITH NO COMMAS. EXAMPLE: USD 145961723.35, 2) ROUND ALL FINAL ANSWERS IN PERCENT TO TWO DECIMAL PLACES. EXAMPLE: -23.51. Part 1: A US company has an A/P of BRL 118313050 due May 15, 2020. As of January 2, 2020 it will cost the US company USD to buy the BRL. Part 2: As of May 15, 2020 it will cost the US company USD to buy the BRL Part 3: The USD cost difference is USD Part 4: The USD cost percentage difference is % Consider a Brazilian company that must make a debt payment over this time period of USD 1,000,000. Part 5: Using the January 2, 2020 exchange rate it will cost the Brazilian company BRL to buy the required USD. Part 6: As of May 15, 2020 it will cost the Brazilian company BRL to buy the required USD. Part 7: The BRL difference in cost is BRL and the percentage difference is Part 8: This means that it will cost the Brazilian company % MORE to buy the USD to meet their debt payments. USD = US Dollars BRL - Brazilian Reals January 2, 2020: USD-BRL = 4.2085 May 15, 2020: USD-BRL = 5.8071 INSTRUCTIONS ON HOW TO ENTER YOUR SOLUTIONS: 1) ROUND ALL FINAL ANSWERS IN USD OR BRL TO TWO DECIMAL PLACES WITH NO COMMAS. EXAMPLE: USD 145961723.35, 2) ROUND ALL FINAL ANSWERS IN PERCENT TO TWO DECIMAL PLACES. EXAMPLE: -23.51. Part 1: A US company has an A/P of BRL 118313050 due May 15, 2020. As of January 2, 2020 it will cost the US company USD to buy the BRL. Part 2: As of May 15, 2020 it will cost the US company USD to buy the BRL Part 3: The USD cost difference is USD Part 4: The USD cost percentage difference is % Consider a Brazilian company that must make a debt payment over this time period of USD 1,000,000. Part 5: Using the January 2, 2020 exchange rate it will cost the Brazilian company BRL to buy the required USD. Part 6: As of May 15, 2020 it will cost the Brazilian company BRL to buy the required USD. Part 7: The BRL difference in cost is BRL and the percentage difference is Part 8: This means that it will cost the Brazilian company % MORE to buy the USD to meet their debt payments