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In an exam situation,how do I know whther or not to buy or sell a forward from the question ? are there steps I can
In an exam situation,how do I know whther or not to buy or sell a forward from the question are there steps I can use to follow can you apply that to the question I attached Question
Ward pic is a mediumsized UK company with export and import trade links
with US companies. The following transactions are due within the next six
months. Transactions will be in the currency specified.
Interest rates annual
Required
Calculate the net sterling receipts which Ward plc might expect for both its three and
six month transaction if it hedges foreign risk on:
aThe forward foreign exchange market
bThe money market
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