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Ivanhoe Corp. has just made a sale to a British customer. The sale was for a total value of 145,500 and is to be paid

Ivanhoe Corp. has just made a sale to a British customer. The sale was for a total value of 145,500 and is to be paid 60 days from now. Ivanhoe management is concerned that the British pound will depreciate against the U.S. dollar and plans to hedge this risk. The companys bank informs management that the spot rate is $ 1.2300/ and the 60-day forward rate is $ 1.2125/. If Ivanhoe sells its pounds receivable at the forward rate, what is the dollar value of its receivables? (Round answers to 2 decimal places, e.g. 15.25.) Value of receivables $ enter the dollar value of the receivables rounded to 2 decimal places If it did not enter into a forward contract and the spot rate 60 days later is $ 1.1925/, how much would the company lose by not hedging? (Round answers to 2 decimal places, e.g. 15.25.) Loss incurred by not hedging

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