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ered wer You are an American (USD $) exporter selling to Canada (CAD=C). The transaction size is 520,000 Canadian dollars due in 3 months. Futures

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ered wer You are an American (USD $) exporter selling to Canada (CAD=C). The transaction size is 520,000 Canadian dollars due in 3 months. Futures contracts come in 125000 C increments. How much would you eventually receive for the goods if you hedged with futures given the following data. All numbers are $/C. Now 3 months from now Spot 0.762 0.779 0.955 0.962 Futures 0.777 0.969 592.600 400,600 margin of error +/-2

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