Essay On Bid Exchange-Rate

Baker Adhesives (ba) Forex Risk Essay Preview: Baker Adhesives (ba) Forex Risk 1 rating(s) Report this essay The original sale (BRL 104,338.30) to Novo once the exchange-rate change is acknowledged on 05/23/06 at a bid exchange-rate of 0.4432 US$/BRL generates a profit of $1,742.73 (3.9% profit margin) versus the original estimate of $3,871.24 (8.7% profit.