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• Today the XYZ Corporation shipped goods valued at
  1 million to a customer in Belgium. Payment is
  due in 90 days, and the Belgian firm will make
  the...
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• www.tutorialoutlet.com
• Today the XYZ Corporation shipped goods valued at
  1 million to a customer in Belgium.
• Payment is due in 90 days, and the Belgian firm
  will make the payment in euros. Todays
• spot rate is 1/1.40. The 90-day forward rate is
  1/1.38.
• a. How many dollars would XYZ receive if payment
  were made today?

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