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Assume that Halley Valley Co. has net receivables of 1,000,000 Singapore dollars in 90 days. The spot rate of the S$ is $.60, and the
Assume that Halley Valley Co. has net receivables of 1,000,000 Singapore dollars in 90 days. The spot rate of the S$ is $.60, and the Singapore interest rate is 2% over 90 days. What is the dollar revenue from money market hedge? A. 425,489 B. 100,000 C. 588,235 D. 980,392
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