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You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.1 million Czech koruna today in exchange for
You are an international shrimp trader. A food producer in the Czech Republic offers to pay you 2.1 million Czech koruna today in exchange for a year's supply of frozen shrimp. Your Thai supplier will provide you with the same supply for 3.8 million Thai baht today. If the current competitive market exchange rates are 20.56 koruna per dollar and 44.59 baht per dollar, what is the value of this deal? The Czech buyer's offer is $ . (Round to the nearest cent.) The Thai supplier's offer is $ - (Round to the nearest cent.) The value of the deal today is $ 7(Round to the nearest cent.)
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