Cray Research (US company) sold a super computer to the Max Planck Institute in Germany on credit and invoiced 10 million payable in six months. Two…

Published by admin at October 21, 2023

Tags

Cray Research (US company) sold a super computer to the Max Planck Institute in Germany on credit and invoiced €10 million payable in six months. Two companies agree to share the currency risks. In the Price Adjustment Clause, the neutral zone is $1.12/€ – $1.24/€, the base rate is $1.18/€; and both parties will share the currency risk beyond a neutral zone. How much each party have to pay/receive if:

Cray Research (US company) sold a super computer to the Max Planck Institute in Germany on credit and invoiced 10 million payable in six months. Two…

"Get 15% discount on your first 3 orders with us" Use the following coupon FIRST15

Related posts

a running track measures 1056 ft per lap. to run 15.0 km how many laps should you run? How do you break the equation down into a solution map?

A local magic shop has a monopoly on the production of magic wands. Each customer wants only one magic wand, and the table below shows each…

A machine produces pipes used in airplanes. The average length of the pipe is 16 inches. The acceptable variance for the length is .3 inches. A…

"Get 15% discount on your first 3 orders with us"
Use the following coupon
FIRST15