Delos,Inc.reports the following information for April:
What is the contribution margin of Sigma?
Definitions:
Spot Exchange Rate
The exchange rate on a spot trade.
Forward Exchange Rate
The agreed-on exchange rate to be used in a forward trade.
Premium
The amount paid for a contract or policy over and above its nominal value or for a product above its market price due to special features or quality.
Direct Exchange Rate
The amount of domestic currency needed to purchase one unit of a foreign currency.
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