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15. (Money Market Hedge) A UK importer owes the Australian exporting company a payment of GBP100,000, due in three months. The following information is available:

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15. (Money Market Hedge) A UK importer owes the Australian exporting company a payment of GBP100,000, due in three months. The following information is available: 97) Spot exchange rate (AUD GBP) 2.60 Australian three month interest rate 8% p.a. 15. (Money Market Hedge) A UK importer owes the Australian exporting company a payment of GBP100,000, due in three months. The following information is available: 97) Spot exchange rate (AUD GBP) 2.60 Australian three month interest rate 8% p.a

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