BF2207: A Japanese manufacturing firm, Japanohondapokemon, placed a purchase order with Beijing conglomerate: International Finance Assignment, NTU, Singapore

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University Nanyang Technological University (NTU)
Subject BF2207: International Finance
  • A Japanese manufacturing firm, Japanohondapokemon, placed a purchase order with Beijing conglomerate, Maydinchina, to procure 10,000 tons of raw materials at a cost of 9,030,200 yuan renminbi. How many yen does the Japanese firm have to exchange in order to pay the bill in yuan renminbi?
  • A trader at a well-known investment banking firm, Silverman Pouches, has an Argentinean client who is interested in investing in emerging markets. The trader suggests the purchase of Vietnamese government-issued bonds, currently selling at 1,604,100 Vietnamese dongs per bond. How many Argentine pesos will it cost if the client wants to purchase 250 bonds?

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