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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