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Give a strategy (10) Mattel is an American toy company. Each year about 2/3 sales revenue of Mattel invoice in U.S. dollar, 1/3 receives in
Give a strategy (10) Mattel is an American toy company. Each year about 2/3 sales revenue of Mattel invoice in U.S. dollar, 1/3 receives in euro. In September Mattel sent Barbie and Hot Wheels to Antwerp. So after 90-day, Mattel will receive 300 million euro. The department of finance of Mattel received following information. The spot rate is 1.1361$/ , Credit Suisse 90-day quotation is 1.1372$/ ,and Barclay's 90-day quotation is 1.1395$/ . Foreign exchange Consultant of Mattel believes 90-day exchange rate is 1.1400$/ As a financial manager, how to hedging
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