Qrtzite inc the spot rate for mexican pesos is ps 1246 , Finance Basics

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Qrtzite inc the spot rate for mexican pesos is ps 1246

Question: Quartzite Inc. The spot rate for Mexican pesos is Ps 12.46 / $. If the U.S. based-company Quartzite Inc. buys Ps501,000 spot fro, its bank on Tuesday, how much must Quartzite pay and on what date? How much must Quartzite must pay?

The cost in US$ is $____

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Finance Basics: Qrtzite inc the spot rate for mexican pesos is ps 1246

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Finance Basics: Qrtzite inc the spot rate for mexican pesos is ps 1246

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