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A us company has sold thousands of laptop computers to a German financial institution and the invoice price of 200000 euro is payable in a

A us company has sold thousands of laptop computers to a German financial institution and the invoice price of 200000 euro is payable in a year. Currently, the spot rate is 0.80/$ the money market interest rate is 5 percent per annum in the us and 4 percent per annum in Germany. The management of us company decides to use the money market hedge to deal with this euro account receivable,. explain the process of a money market hedge and compute the dollar receipt of the euro receivable

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