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5. Assume that Carbondale Co. expects to receive S$600,000 in one year. The existing spot rate of the Singapore dollar is $.60. Assume the following

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5. Assume that Carbondale Co. expects to receive S$600,000 in one year. The existing spot rate of the Singapore dollar is $.60. Assume the following money market rates: Deposit rate Borrowing rate US 7% 8% Singapore 5% 6% Given this information, determine the result of a money market hedge. (5) d valore IS IS Leone Activate Windows

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