You are the treasurer of Warm Wear Inc., which imports wool sweaters from around

Question

You are the treasurer of Warm Wear Inc., which imports wool sweaters from around the world. Kreploc, a company in the country of Slobodia, has a product your marketing department would like to carry, and doesnt' require payment until 90 days after delivery. Unfortunately the Slobodian blivit tend to vary in value by as much as 30% over periods as short as three months. This makes you reluctant to do business with Kreploc because of the exchange rate risk. The marketing department cant understand why you have any concerns at all. Please prepare a breif explanation, including an illustration of why your concerned.

Explanation / Answer

here is it books.google.com/books?isbn=143908050X

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