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I need help with this question please Question 7 Not yet answered Huawei imports mobile chips from the US and have $60 million payment due
I need help with this question please
Question 7 Not yet answered Huawei imports mobile chips from the US and have $60 million payment due in 9 months. The US interest rate is 4.5% and the interest rate is 9%. The spot rate is 6.36/$ now and 6.65/5 in 9 months. Huawei uses a money market hedge to protect the value of this payment. What is Huawei's profit/loss (in y) of the money market hedge in 9 months. Marked out of 1.00 O a. -4941475.21 O b. - 11882891.57 Flag question O c.-16040380.05 \ O d. None of the options O e. -30805152.22 Previous page Next pageStep by Step Solution
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