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23 28 OOOO 1 point A US corporation has a CNY1,000,000 account puyable due in 6 months. To hedge is currency risk your company enters

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23 28 OOOO 1 point A US corporation has a CNY1,000,000 account puyable due in 6 months. To hedge is currency risk your company enters into an NDF contract. The current protein CNY 7.005, NDF contre la CNY6.75/5, and the spot rate 6 months from today is CNY6.505 O Your company pays 55,29101 Your company receives $5.698.01. Your company receives $5.291.01. Your company pays $10.919.01 Previous Submit

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