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Assume that Hampshire Co. has net payables of 160,000 Mexican pesos in 180 days. The Mexican interest rate is 9 percent over 180 days, and
Assume that Hampshire Co. has net payables of 160,000 Mexican pesos in 180 days. The Mexican interest rate is 9 percent over 180 days, and the spot rate of the Mexican peso is $0.12. Suggest how the U.S. firm could implement a money market hedoe. Be precise, Do not round intermediate calculations. Round your answer to the nearest dollar or peso. The firm could borrow the amount of borrow Which could be Therefore, to make the initial deposit, the firm could
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