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California Department of Insurance CA-Life-Accident-and-Health
CA Life, Accident and Health or Sickness Examination
Questions and Answers | : 347 |
File Format | |
Windows Compatibility | : Windows 10/8/7/Vista/2000/XP/98 |
Mac Compatibility | : All Versions including iOS 4/5/6/7 |
Android | : All Android Versions |
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A company agrees to pay JPY10,000,000 for a shipment from Japan. At the time the purchase order is placed the exchange rate is JPY168/US$. At the time of payment the exchange rate is JPY163/US$. What is the net effect on the dollar cost of the shipment if the transaction has NOT been hedged?
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Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
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Explanation:
Explanation/Reference:
References: https://docs.microsoft.com/en-us/sccm/core/clients/deploy/deploy-clients-to-windows- computers
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California Department of Insurance CA-Life-Accident-and-Health
CA Life, Accident and Health or Sickness Examination
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California Department of Insurance CA-Life-Accident-and-Health (CA Life, Accident and Health or Sickness Examination)
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