Business, 12.08.2020 14:01, bestkitty2588

You manufacture wine goblets. In mid- June you receive an order for 10,000 goblets from Japan. Payment of ¥400,000 is due in mid- December. You expect the yen to rise from its present rate of $1=¥107 to $1 to ¥120 by December 2020. You can borrow yen at 6% a year. What should you do?

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You manufacture wine goblets. In mid- June you receive an order for 10,000 goblets from Japan. Payme...