Assume that the JVK Co. in the US will need 500,000 ringgit in 90 days. It wishes to hedge this payables position. If the firm uses the foward hedge, it will pay out ______ in 90 days

Moving to another question will save this response. Question 15 Assume the following information: 90 day U.S. interest rate - 3% 90 day Malaysian interest rate - 496 90 day forward rate of Malaysian ringgit - $.38 Spot rate of Malaysian ringgit - 5.30 Assume that the ABC Co. in the United States will need 500,000 190000 A. B. 154500 C. 184500 D. 156000