Graylon, Inc

question 77

Multiple Choice

Graylon, Inc., based in Washington, exports products to a German firm and will receive payment of €200,000 in three months. On June 1, the spot rate of the euro was $1.12, and the 3-month forward rate was $1.10. On June 1, Graylon negotiated a forward contract with a bank to sell €200,000 forward in three months. The spot rate of the euro on September 1 is $1.15. Graylon will receive $____ for the euros.

• A) 224,000
• B) 220,000
• C) 200,000
• D) 230,000

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Definitions:

Strengths-Based Assessment

An evaluation method focusing on an individual's internal resources, capabilities, and positive qualities, rather than on deficiencies.

Acetylcholine

A neurotransmitter involved in many functions including muscle movement and memory.

Serotonin

A neurotransmitter in the brain that affects mood, emotion, and sleep, playing a key role in preventing depression and regulating anxiety.

Dopamine

A neurotransmitter in the brain that plays a key role in reward, motivation, memory, and attention, and is often associated with the pleasure and reward system.