Question
Assume you are an American manufacturer and anticipate receiving 40M SWF in 12 months time associated with a sale to a firm in Switzerland. The
Assume you are an American manufacturer and anticipate receiving 40M SWF in 12 months time associated with a sale to a firm in Switzerland. The spot rate for SWF is 1.0130-50USD/SWF and the 12 month swap rates for SWF is 20-30. The lending and borrowing rates for USD and SWF respectively are 2.05% to 2.40 % (USD) and 0.0% to 0.3% annually.
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
2nd Edition
0324117752, 9780324117752
