Академический Документы
Профессиональный Документы
Культура Документы
(b) The trader sells 100 million yen for $0.0080 per yen when
the exchange rate is $0.0091 per yen. The loss is
(b) The trader sells for 50 cents per pound something that
is worth 51.30 cents per pound.
Loss = ($0.5130 − $0.5000) × 50, 000 = $650.