How much will the 10000 leather coats cost international, Financial Management

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How much will the 10000 leather coats cost international

International Products, Inc. has ordered 10,000 leather coats from Argentina for delivery in 15 months. The contracted cost of a coat is 125 pesos. International Products will pay for the coats upon delivery. The current indirect exchange rate is $1 for 1.3481 pesos. The anticipated inflation rate is 3.1% in the United States and 8.3% in Argentina. In U.S. dollars, how much will the 10,000 leather coats cost International Products at delivery?

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Financial Management: How much will the 10000 leather coats cost international

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