Question
American Airlines hedges a 2.5 million receivable by selling pounds forward. If the spot rate is $1.742/ and the 90-day forward rate is $1.7158/, what
American Airlines hedges a 2.5 million receivable by selling pounds forward. If the spot
rate is $1.742/ and the 90-day forward rate is $1.7158/, what is American's actual true
cost of hedging if the spot rate at the end of 90-days is $1.73/?
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The Almanack Of Stanley Druckenmiller From Over 40 Years Of Investing Wisdom With Quantum Fund And Duquesne Capital Management
Authors: Rui Zhi Dong
1st Edition
B0B3NV2H9M, 979-8850611453
