Complete Research Task 1 on p. 349 in International Business, using the information in Figure 11.1 on p. 328.
Complete Research Task 1 on p. 349 in International Business, using the information in Figure 11.1 on p. 328.;? Describe your findings in a 200- to 300-word response;Use the globalEDGE? site to complete the following exercises;1. You are assigned the duty of ensuring the availability of 100,000 yen for the payment that is scheduled for next month.;Considering that your company possesses only U.S. dollars, identify the spot and forward exchange rates. What are;the factors that affect your decision of utilizing spot versus forward exchange rates? Which one would you choose?;How many dollars do you have to spend to acquire the amount of yen required?;2. As an entrepreneur, you are interested in expanding your business to either Poland or Portugal. As part of your initial;analysis, you would like to know how much investment is needed to go to these markets. In order to get a rough number;you hire a consulting firm to do initial investment analysis. The consulting firm provides you a short report about how much;money is needed for both countries. The numbers provided are: one million zloty (Poland?s currency) and 45 million escudo;(Portugal?s currency). To make a clear comparison, you need to convert these currencies to U.S. dollars. Do the conversion;and suggest where to invest;globaledge.msu.edu
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