For a Recent Month, the Following Payments Matrix of Interaffiliate

question 81

Multiple Choice

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

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