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A US company sells 8 , 0 0 0 , 0 0 0 worth of machinery to a Spanish company. However, the Spanish company does

A US company sells 8,000,000 worth of machinery to a Spanish company. However, the Spanish company does not have to pay for 30 days (one month). The US company can borrow from a Spanish bank at the annual rate of 9%. Assume the spot exchange rate is $1.2355. If the US company uses a money market hedge, what is the future $ value of the receivable, assuming that the company's annual weighted-average cost of capital (WACC) is 12%?
$9,810,422
$9,908,526
$7,940,447
$9,932,690
$9,859,535
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