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Barclays is a British multinational bank and financial services company headquartered in London. It is a universal bank with operations in retail, wholesale and investment
Barclays is a British multinational bank and financial services company headquartered in London. It is a universal bank with operations in retail, wholesale and investment banking. Barclays provides financial services across the Globe. The Company raised an invoice amount is 6,77,500. Credit period is three months. Exchange rates in London are: Spot Rate 3-month Forward Rate (\/) 145.4967 - 145.5007 (\/) 148.7859 - 148.7890 Rates of interest in Money Market : \ Deposit 9% 5% Loan 11% 8% Compute and show how a money market hedge can be put in place. Compare and contrast the outcome with a forward contract
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