How much australian dollar will the exporter receive

Assignment Help Finance Basics

Reference no: EM133377368

Question: An Australian dairy products exporter has supplied powder milk to India and will receive 2 million Indian rupees (INR) in one year. The exporter expects that the value of the INR will appreciate by 24.95% against the Australian dollar from today's spot rate of 0.2508 in one year. How much Australian dollar will the exporter receive that is equivalent to 2 million INR after one year? (enter the whole number with no sign or symbol)

Reference no: EM133377368

Questions Cloud

Why is real estate not a productive choice of investment : He has a low to moderate level of risk tolerance and invests all his savings in real estate. Why is real estate not a productive choice of investment for Mark

Discuss about the seven types of bad leadership : Which of these have you seen most frequently and why do you think that is the case? Share a personal example if possible.

Can you give three current issues that regionalism is facing : Can you give three current issues that regionalism is facing and explain and elaborate what is being done to "fix" it right now and what has been tried in past.

Workplace violence aggression and harassment : Explain your top three recommendations in terms of workplace violence aggression and harassment in relation to the case.

How much australian dollar will the exporter receive : How much Australian dollar will the exporter receive that is equivalent to 2 million INR after one year? (enter the whole number with no sign or symbol)

Define the acts that attempt to legislate ethics : List and define the human resource department functions. List and define the acts that attempt to legislate ethics.

What are your thoughts on religion : Is religion good or bad? Please include your thoughts regarding Kwame Anthony Appiah's Ted Talk regarding whether religion is good or bad.

Reflect on your current work environment : Reflect on your current work environment. Share an example of a work-related accident

Which option makes the most sense from a cost-benefit : which option makes the most sense from a cost-benefit perspective? what inherent assumptions are included in the selection of the best option

User Account

All Pages