What is the expected translation gain

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Reference no: EM133492096

Question: Chrysler Motors' Mexican subsidiary has net worth of MXN 76 million expected to grow by 5% by year-end. What is the expected translation gain/loss that Chrysler -USA will sustain if the MXN depreciates by 5% by year-end. The spot exchange rate stands at MXN 13 = US$1.

Reference no: EM133492096

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