2 Money market hedge on receivables. Assume that Hartland Point Ltd (UK) has net receivables of 100...
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2 Money market hedge on receivables. Assume that Hartland Point Ltd (UK) has net receivables of 100 000 Singapore dollars in 90 days. The spot rate of the S$ is £0.32, and the Singapore interest rate is 2% over 90 days. Suggest how the UK firm could implement a money market hedge. Be precise.
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