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5) Pablo Corp. will need 150,000 Jordanian dinar (JOD) in 360 days. The current spot rate of the dinar is $1.50, while the 360-day forward
5) Pablo Corp. will need 150,000 Jordanian dinar (JOD) in 360 days. The current spot rate of the dinar is $1.50, while the 360-day forward rate is $1.46. What is Pablos cost from implementing a money market hedge (assume Pablo does not have any excess cash) ?
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