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foreign exchange (please help!!) What are spot rates and forward rates? Slecpy Futon tnci a 3.5. company, produces and exports industriat mathinery overseas, it recently
foreign exchange (please help!!)
What are spot rates and forward rates? Slecpy Futon tnci a 3.5. company, produces and exports industriat mathinery overseas, it recently made a sale to a saparese manufacturing fimi for 4.58 millon, but the Japanese firm has 60 days before it must make the payment to sfeepr Futoe Inc. The spot exchange rate is \& 132 . 72 per dowar, and the 60 -day focward rate is 134.72 per tollas, is the yen selling at a premiur or at a discount in the forward market relative to. the U.S. dollar? In the farward markst, the yen is trating at a premiunc. The yen is tradieg at a discount in the forwatd makicht. It the customer pays Sleepy Ruton inc the t 659 millidn today, how much will sleepy futon Inc, receive in doliars? $5,21 milion 34.71. Milion: 154,96 mullion 5620 mathen Inci would oes more doltars of the Tapshese firm taid off ta sccount Step by Step Solution
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