Question
I have been billed billed 1 million, payable in one year Spot exchange rate is ($/) 1.50 Forward exchange rate in 1 year ($/) 1.46
I have been billed billed 1 million, payable in one year
Spot exchange rate is ($/) 1.50
Forward exchange rate in 1 year ($/) 1.46
What is the forward hedged position and forward unhedged position if the Future Spot Exchange rate is ($/) 1.30?
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The Principles Of Project Finance
Authors: Rod Morrison
1st Edition
1409439828, 9781409439820
