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Chronos Time Pieces. Chronos Time Pioces of Boston exports watches to many countries, selling in local currencies to stores and distnbuton. Chronos prides itseif on

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Chronos Time Pieces. Chronos Time Pioces of Boston exports watches to many countries, selling in local currencies to stores and distnbuton. Chronos prides itseif on being finardialy movements. He currently beliovis the ouro will weaken againat the dollar in the coming 90 to 120 dayk. possibly to around 51 1551/k. b. What doos it mesin to hedge 120% of a transoction exposure? c. What would be considered the most consorvatve transaction expouin manspemont polloy by a fim? How does Chronos compare? a. Cose 1: Marny is right and the spot roco in 10 doys is 51,1641/4 How mach in US dolan wit Chronos receive in 90 days it 100% of the trunsaction woosure is hedged with the forward contract? (Round to the nearest doliar)

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