Question
A U.S. firm has a receivable of 175,000 in one year. Forward rate quotes are $1.265/ bid and $1.2675/ ask. If the U.S. firm hedges
A U.S. firm has a receivable of 175,000 in one year. Forward rate quotes are $1.265/ bid and $1.2675/ ask. If the U.S. firm hedges with a forward, what is the guaranteed amount of USD the U.S. firm will get from the receivable?
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
