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Business, 07.05.2020 05:10 dbethel8408

C. You manufacture wine goblets. In mid-June, you receive an order for 10,000 goblets from Japan. Payment of ¥400,000 is due in mid-December. You expect the yen to rise from its present rate of $1 = ¥130 to $1 = ¥100 by December. You can borrow yen at 6 percent a year. What should you do?

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C. You manufacture wine goblets. In mid-June, you receive an order for 10,000 goblets from Japan. Pa...

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