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AUS. company exports products to a German firm and will receive payment of 155,561 in one month Today's spot rate of euro is $1 1076
AUS. company exports products to a German firm and will receive payment of 155,561 in one month Today's spot rate of euro is $1 1076 and the 1-month forward rate is $1.1276. The company enters the forwar d contract. One month later the spot rate of euro is $1.1162. How many dollars will the company receive then? Answer format: Round to two decimals. Example $1.12
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Elements Of Financial Risk Management
Authors: Peter Christoffersen
2nd Edition
0128102357, 9780128102350
