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f. Assume you entered into the forward hedge for the import from Australia. Four months have passed since you entered into the hedge. Interest rates

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f. Assume you entered into the forward hedge for the import from Australia. Four months have passed since you entered into the hedge. Interest rates are the same as before. The spot exchange rate of the $/AUD is 0.72551. Calculate the value of your forward position. Please use a 360 daycount convention, since the bank also used a 360 daycou nt convention with the forward quotes provided to you. Also remember for interest rates use risk free rates provided under scenario 1. Show your calculation in table 8 on the separate answer sheet

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