What is the impact if the airline now repatriates

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problem 1: For an airline operating in Venezuela for several years, if the firm has accrued earnings of $750 million (USD) at an exchange rate of 6.3 bolivars per dollar, what is the impact if the airline now repatriates the total funds to the U.S. at the Venezuelan government's official rate of 50 bolivars per dollar.

Option 1: roughly a loss of $656 mm

Option 2: roughly a loss of $4.7 billion

Option 3: no loss to the U.S. firm

Option 4: roughly a gain of $94mm

Reference no: EM132780847

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