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3 Your company will receive C$600,000 in 90 days. The 90-day forward rate in the Canadian dollar is $.80. If you use a forward hedge,
3 Your company will receive C$600,000 in 90 days. The 90-day forward rate in the Canadian dollar is $.80. If you use a forward hedge, you will: O A. receive $750,000 in 90 days. O B. receive $750,000 today. O C. receive $480,000 in 90 days. O D. pay $750,000 in 90 days. O E. receive $480,000 today
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
