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    Hạnh Sumi
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    A US corporation received dividends from its French subsidiary and wants to invest the money in a Swiss company. To do so, it must first convert the dollars to Swiss francs. The document provides current exchange rates from Citibank, Eurobank and UBS to convert dollars to Swiss francs or euros.

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    A US corporation received dividends from its French subsidiary and wants to invest the money in a Swiss company. To do so, it must first convert the dollars to Swiss francs. The document provides current exchange rates from Citibank, Eurobank and UBS to convert dollars to Swiss francs or euros.

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    21 views1 page

    Untitled

    Uploaded by

    Hạnh Sumi
    A US corporation received dividends from its French subsidiary and wants to invest the money in a Swiss company. To do so, it must first convert the dollars to Swiss francs. The document provides current exchange rates from Citibank, Eurobank and UBS to convert dollars to Swiss francs or euros.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    Exercise 1: US corporation receive dividend from France Subsidiary Company.

    They decide to
    invest this money to another company in Swiss. Whether they buy SFr, as follow information:
    Citibank: $0.9050-0.9071/SFr
    $1.4341-1.4372/€
    Eurobank €0.6777-97/$
    €0.6218-58/SFr
    UBS SFr1.1024-53/$
    SFr1.6010-40/€

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