The expected exchange rate of the australian dollar is 056, Financial Management

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The expected exchange rate of the australian dollar is 056

subsidiary A of Waverly Corporation has net inflows in Australian dollars of A$1,040,000, while Subsidiary B has net outflows in Australian dollars of A$1,700,000.

The expected exchange rate of the Australian dollar is $0.56. What is the new inflow or outflow as measure in U.S. dollars?

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Financial Management: The expected exchange rate of the australian dollar is 056

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Financial Management: The expected exchange rate of the australian dollar is 056

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