The current interest rate in USA and Australia are 10% and 14%. The spot rate is AU$1.6667/US$. The payment to be made in a year is 10 million AU$. Compute the amount required in US$ in a year. a. $ 5,784,000 b. $ 5,783,784 c. $ 5,789,474 d. $ 5,789,000 Answer A

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