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Ignore the answer there and show me an explained answer 4) (S pt.) Assume that Jones Co, will need to purchase 100,000Singapore dollars (SS) in

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4) (S pt.) Assume that Jones Co, will need to purchase 100,000Singapore dollars (SS) in 180 days Today's spot rate of the SS is S.75, and the 180-day forward rate is $.77. Jones obtained the following forecast for the SS Possible Spot Rate in 180 Days $.70 $.76 $.82 Cost Probability 77-7/s, a, 76,9 c c 20% /???001 - 5% 25% 77,- 92,77 (5, 5,g00) a) What is the US dollar "expected value" of the SS payments in 180 days?-- b) What is the US dollar cost of the payment in 180 days if Jones uses a Forward Hedge? /tan ) if lones uses forward hedge, what is the expected value of Cost of tedging? 3.40e d) The probability that the forward hedge will result in a lower payment than leaving the position un-hedged is: 25%

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