Question

Daniel Craig is getting 50 million for his next Bond film that comes out later this...

Daniel Craig is getting 50 million for his next Bond film that comes out later this year. It’s Mr. Craig’s fifth and last Bond flick and the 25th film in the long-running series that dates back to 1962. If you were Mr. Craig would you want to be paid in U.S. Dollars, Euros, Pounds Sterling or Swiss Francs? Show the exchange rates and compute the best outcome. Hint: He can afford a new Aston Martin

Homework Answers

Answer #1

Considering the base currency to be USD,

The exchange rate of Euro / USD is 0.93. So if he would have received in Euro, then 50M Euro would have been 53.7634M USD

The exchange rate of Pound / USD is 0.83. So if he would have received in Pound, then 50M Pound would have been 60.2409M USD

The exchange rate of Swiss Franc / USD is 0.97. So if he would have received in Swiss Franc, then 50M Swiss Franc would have been 51.5463M USD

So the greatest payment is coming is Pound. Craig should choose pound.

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