Question
A forward contact to buy US$40 000 for a planned purchase transaction of ... A forward contact to buy US$40 000 for a planned purchase
A forward contact to buy US$40 000 for a planned purchase transaction of ...
A forward contact to buy US$40 000 for a planned purchase transaction of US$50 000 has a hedge ratio of:
Select one:
a.
40%.
b.
80%.
c.
20%
d.
125%.
The answer is B but can someone please explain the steps of the answer
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Financial Accounting
Authors: Charles Horngren, William Thomas, Walter Harrison, Greg Berberich, Catherine Seguin
5th Canadian edition
133472264, 978-0133446265, 133446263, 978-0133472264
