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Assume that today is June 11. Your firm, an American company, is scheduled to pay 500,000 on August 15, 65 days in the future. The
Assume that today is June 11. Your firm, an American company, is scheduled to pay £500,000 on August 15, 65 days in the future. The current spot is $1.75/£, and the 65- day forward rate is $1.73/£....
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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
