Score: 0 of 1 pt 5 of 7 (5 complete) HW Score: 53.57%, 3.75 of...
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Score: 0 of 1 pt 5 of 7 (5 complete) HW Score: 53.57%, 3.75 of 7 pts X P18-15 (similar to) Question Help O Transaction exposure. International Products, Inc. has ordered 10,000 leather coats from Argentina for delivery in 6 months. The contracted cost of a coat is 122 pesos. International Products will pay for the coats upon delivery The current indirect exchange rate is $1 for 1.2956 pesos. The anticipated inflation rate is 3.3% in the United States and 8.5% in Argentina. In U.S. dollars, how much will the 10,000 leather coats cost International Products at delivery? In US dollars, how much will the 10,000 leather coats cost International Products at delivery? $ (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. All parts showing Clear All Check Answer
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