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Cost of Abalone Country Australia Chile Ireland New Zealand South Africa CLP Abalone Cost AUD 93,500 ISK NZD ZAR 640,00O 50,990,000 5,400,000 104,000 Exchange Rate $1 U.S. 1.1 AUD 585 CLP 61 ISK 1.3 NZD 7.8 ZAR %3D Refer to the table above. An international seafood supplier is offered 9.46 million yen today for 1000 pounds of abalone frozen in the shell. One thousand pounds of abalone can be sourced from various countries at the prices shown above. The current market exchange rates between the United States and the other relevant currencies are also shown. In addition, $1 U.S. = 104 yen. What is the value, in U.S. dollars, of the best deal the international seafood supplier can make? O $9962 O $12,462 O $10,962 O $11,962

Cost of Abalone Country Australia Chile Ireland New Zealand South Africa CLP Abalone Cost AUD 93,500 ISK NZD ZAR 640,00O 50,990,000 5,400,000 104,000 Exchange Rate $1 U.S. 1.1 AUD 585 CLP 61 ISK 1.3 NZD 7.8 ZAR %3D Refer to the table above. An international seafood supplier is offered 9.46 million yen today for 1000 pounds of abalone frozen in the shell. One thousand pounds of abalone can be sourced from various countries at the prices shown above. The current market exchange rates between the United States and the other relevant currencies are also shown. In addition, $1 U.S. = 104 yen. What is the value, in U.S. dollars, of the best deal the international seafood supplier can make? O $9962 O $12,462 O $10,962 O $11,962

International Financial Management
International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter11: Managing Transaction Exposure
Section: Chapter Questions
Problem 41QA
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Cost of Abalone Country Australia Chile Ireland New Zealand South Africa CLP ISK NZD Abalone Cost AUD 93,500 ZAR 640,000 50,990,000 5,400,000 104,000 Exchange Rate $1 U.S. 1.1 AUD 585 CLP 61 ISK 1.3 NZD 7.8 ZAR %3D Refer to the table above. An international seafood supplier is offered 9.46 million yen today for 1000 pounds of abalone frozen in the shell. One thousand pounds of abalone can be sourced from various countries at the prices shown above. The current market exchange rates between the United States and the other relevant currencies are also shown. In addition, $1 U.S. = 104 yen. What is the value, in U.S. dollars, of the best deal the international seafood supplier can make? $9962 O $12,462 O $10,962 O $11,962
Transcribed Image Text:Cost of Abalone Country Australia Chile Ireland New Zealand South Africa CLP ISK NZD Abalone Cost AUD 93,500 ZAR 640,000 50,990,000 5,400,000 104,000 Exchange Rate $1 U.S. 1.1 AUD 585 CLP 61 ISK 1.3 NZD 7.8 ZAR %3D Refer to the table above. An international seafood supplier is offered 9.46 million yen today for 1000 pounds of abalone frozen in the shell. One thousand pounds of abalone can be sourced from various countries at the prices shown above. The current market exchange rates between the United States and the other relevant currencies are also shown. In addition, $1 U.S. = 104 yen. What is the value, in U.S. dollars, of the best deal the international seafood supplier can make? $9962 O $12,462 O $10,962 O $11,962
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