How much will the payment three years from now be worth


You are expecting a payment of 480,000PLN three years from now. The risk-free rate of return is 3 percent in the U.S. and 4 percent in Poland. The inflation rate is 2.5percent in the U.S. and 3 percent in Poland. Currently, you can buy 277PLN for 100USD. How much will the payment three years from now be worth in U.S. dollars?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: How much will the payment three years from now be worth
Reference No:- TGS0726212

Expected delivery within 24 Hours