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(10 points) Assume that a company has a receivable for 20 million yen due in 8 months. Using the table below, calculate the breakeven investment

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(10 points) Assume that a company has a receivable for 20 million yen due in 8 months. Using the table below, calculate the breakeven investment percent (stated in p.a. terms) that the company would need to earn in the money market to make the payoff equivalent to entering into a forward contract. Given the information, do you think the money market would be a good choice and what additional factors would you like to investigate to support your opinion

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