For a recent month,the following payments matrix of interaffiliate cash flows was forecasted:
Use multilateral netting to find the net payment from the British affiliate to the U.S.affiliate. The spot exchange rates are $1.20 = €1.00 and $1.80 = £1.00; affiliates get paid in home currency.
A) $60
B) $20
C) $0
D) None of the above
Correct Answer:
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