1 pts Question 50 GE just signed a contract to sell a satellite to the Deutsche Welle, a German broadcaster. DW will be billed 20M which is payable in one year. The current spot exchange rate is $1.05/ while the one-year forward rate is $1.10/. The annual interest rate is 5.0% in Germany and 6.0% in the U.S. DW is concerned with the volatile exchange rate between the dollar and the euro and would like to hedge exchange exposure. In the case of a money market hedge, DW would have to first borrow what amount 619.747.619 19.047.619 619.047.169 OU 19.407.619 Previous Next O ViewSonie