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stranahan stranahan
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7 years ago
The current indirect exchange rate is 12 pesos per dollar. The anticipated annual inflation rate is 6% in the United States and 14% in Mexico. If the cash inflow in pesos is 100,000 in one year and the discount rate is 10%, what is the present value of the 100,000 pesos in U.S. dollars after conversion from pesos to dollars using the forward exchange rate?
A) $8,348.21
B) $7,044.13
C) $6,145.21
D) $6246.21
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Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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Awful_HomieAwful_Homie
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7 years ago
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stranahan Author
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7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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