20 question Anita Corp. (a U.S.-based company) sold parts to a Korean customer on December 1, 2020, with payment of 15 million Korean won to be received on January 15, 2021. The following exchange rates applied: Date Forward Rate to Jan. 15 December 1, 2020 $ 0.00082 $ 0.00089 December 31, 2020 0.00080 0.00085 January 15, 2021 0.00086 0.00086 Spot Rate Assuming a forward contract was entered into on December 1, at what amount should the forward contract be recorded at December 31, 2020? Assume an annual interest rate of 12% and a fair value hedge. The present value for one month at 12% is 0.9901 Search the web and Windows a DOLL Esc F1 F2 F3 F4 F5 F6 F8 20 question Anita Corp. (a U.S.-based company) sold parts to a Korean customer on December 1, 2020, with payment of 15 million Korean won to be received on January 15, 2021. The following exchange rates applied: Date Forward Rate to Jan. 15 December 1, 2020 $ 0.00082 $ 0.00089 December 31, 2020 0.00080 0.00085 January 15, 2021 0.00086 0.00086 Spot Rate Assuming a forward contract was entered into on December 1, at what amount should the forward contract be recorded at December 31, 2020? Assume an annual interest rate of 12% and a fair value hedge. The present value for one month at 12% is 0.9901 Search the web and Windows a DOLL Esc F1 F2 F3 F4 F5 F6 F8