IF Practice Questions
Spring 2017
1. JrHeadcon is hydro-construction firm with a government contract to install salt water
purification plants in a number of Chile’s northern coastal desert settlements The work is to
be completed in one year at which time the final payment of 25B( billion) Chilean Pesos
(CLPs) will be wired to JrHeadcon’s NY bank. At the current spot exchange rate of . Plus
