Money Market Hedge on Receivables Assume that Stevens Point Co. has net receivables of 100,000 Singapore dollars

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Money Market Hedge on Receivables Assume that Stevens Point Co. has net receivables of 100,000 Singapore dollars in 90 days. The spot rate of the S$ is $.50, and the Singapore interest rate is 2 percent over 90 days. Suggest how the U.S.

firm could implement a money market hedge.

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International Financial Management

ISBN: 9780538482967

11th Edition

Authors: Jeff Madura

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Question Posted: Oct 16, 2024 09:01 AM

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Money Market Hedge on Receivables Assume that Stevens Point Co. has net receivables of 100,000 Singapore dollars

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International Financial Management

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