Answer:
$2,500,000
Explanation:
The computation of the amount which would be credited is shown below:
= Payment of foreign currency units (FC) is due in 30 days × exchange rate i.e spot rate on May 31
= 2,000,000 × $1.25
= $2,500,000
We simply multiply the payment with the spot rate so that the accurate value can come.
All other information which is given is not relevant. Hence, ignored it
It will be the positive stage in my opinion
Answer:
A. Diversifying your portfolio to minimize risk while maximizing rate
of return.
Explanation:
But D could also work. I'm still going with A though because it seems like a better answer
