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4.5 points Panhandle Inc., based in Texas, exports products to German firm and will receive payment of 2.000.000 is remonts. One the spot rate of

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4.5 points Panhandle Inc., based in Texas, exports products to German firm and will receive payment of 2.000.000 is remonts. One the spot rate of the 5122, and the oth forward 113. OIPashandled forward contract with a bank to sell,000,000 forward in three months. The spot rate of the con September is 51.08 Panhandle will receive for the cros

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