BP and Rosneft 2015. BP (UK) and Rosneft (Russia) had severed a long-term joint venture...

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BP and Rosneft 2015. BP (UK) and Rosneft (Russia) had severed a long-term joint venture in 2013 , with Rosneft buying BP out with 556 bilion in cash and a 20\%, irterest (eculty interesti in Rosneft isselt. Rosneft financed a large part of the buyout by boerowing heivily. The following year, in July 2014, BP rocoived a dividend on its owserstip interest in Rosneft of RUG23 bllon. Eut Rosnet's performance had been docining, as was the Russian ruble. The winter of 20142015 in Europe was a relatively mild one, and Europe's purchases of Rosnet's natural gas had fallen as nad debt from the BP buyout. a. Assuming a spod rate of RUB34.76 = USD1.00 in July 2014, how much was the dividend paid to BP in U S. dollars? b. If Rosnet were to pay the same dividend to BP in July 2015, and the spot rate at that time was RUB75.05= USD1:00, what would BP receive in U.S. dolars? c. If the combination of Westem sanctions against Russia and lower global oll prices truly sent the Russian econory into recession, and the spot rate was RUB75. 05 = USD1.00 in dwy 2015, what might BP's dividend be in July 2015 ? a. Assuming a spot rath of RUB34 76 = USD1.00 in July 2014, how much was the dividend paid to BP in U.S. dolars? Tha didend paid to BP is ? (Round to the nearest cont.)

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