7-108 What Is the Net Interest Income in Dollars If

question 53

Multiple Choice

7-108 What is the net interest income in dollars if the spot prices at the end of the year are $1.50/£ and €1.65/$?

• A)$46,060.61.
• B)$320,000.
• C)$1,200,000.
• D)$266,666.67.
• E)$720,000.