Business, 13.11.2019 17:31, jeanniebyrd54
Biotron medical, inc. brent bush, cfo of a medical device distributor, biotron medical, inc., was approached by a japanese customer, numata, with a proposal to pay cash (in yen) for its typical orders of ¥12 comma 800 comma 000 every other month if it were given a 4.2% discount. numata's current terms are 30 days with no discounts. using the quotes and estimated cost of capital for biotron medical in the popup window, , bush will compare the proposal with covering yen payments with forward contracts. should brent bush accept numata's proposal? assume a 360-day financial year. how much in u. s. dollars will biotron medical receive with the discount?
Answers: 1
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Biotron medical, inc. brent bush, cfo of a medical device distributor, biotron medical, inc., was ap...
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