Cleveland Tool Company has received an order from a Korean manufacturing company for machinery worth Wed. The www be denominated in Korean won on a one-year open account basis, Hint: This is receivable for Cleveland face the following market conditions - The current pot rate is Won2.20/5 - Won2.30/$ The one year forward rate is Won2.35/8 - Won2.40/$ . Cleveland Tool can borrow won in Seoul at 8% per annum or invest won in Seoul xt6% per annum Cleveland Tools WACC is 12% Cleveland Tool Company hedges in the forward market, what will be its dollar proceeds one year from now! Select ! What steps would Cleveland Tool take to hedge this receivable in the money market? (Select I Cleveland Tool Company hedges in the money market, what will be its dollar proceeds one year from now? Select) Cleveland Tool Company has received an order from a Korean manufacturing company for machinery worth Wed. The www be denominated in Korean won on a one-year open account basis, Hint: This is receivable for Cleveland face the following market conditions - The current pot rate is Won2.20/5 - Won2.30/$ The one year forward rate is Won2.35/8 - Won2.40/$ . Cleveland Tool can borrow won in Seoul at 8% per annum or invest won in Seoul xt6% per annum Cleveland Tools WACC is 12% Cleveland Tool Company hedges in the forward market, what will be its dollar proceeds one year from now! Select ! What steps would Cleveland Tool take to hedge this receivable in the money market? (Select I Cleveland Tool Company hedges in the money market, what will be its dollar proceeds one year from now? Select)