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Given as: Spot rate: 1: $1.6365 1.6385 1 month forward: 0.005 0.0047 Required Compute the cost of the forward cover to a multinational corporation who;

Given as:

Spot rate: 1: $1.6365 1.6385

1 month forward: 0.005 0.0047

Required

Compute the cost of the forward cover to a multinational corporation who;

Buys dollars one month forward

Sells one month forward

Given as:

Spot rate: 1: $1.6365 1.6385

1 month forward: 0.005 0.0047

Required

Compute the cost of the forward cover to a multinational corporation who;

Buys dollars one month forward

Sells one month forward

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