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Corporation intends to achieve this by using their bank's spot rates and money market interest rates in order to create a synthetic forward contract. What

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Corporation intends to achieve this by using their bank's spot rates and money market interest rates in order to create a synthetic forward contract. What is the effective forward exchange rate that Union Aerospace Corporation is able to achieve for hedging the NZD value of their CAD receivable? a. CAD 0.7309/NZD b. CAD 0.7891/NZD C. CAD 0.7913/NZD d. CAD 0.7605/NZD e. CAD 0.7410/NZD f. CAD 0.7330/NZD

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