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McKesson Company, a U.S.-based MNC, will receive 76 million Malaysian ringgit (MYR; Malaysian official currency) on June 1. It is now April 1. McKesson

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McKesson Company, a U.S.-based MNC, will receive 76 million Malaysian ringgit (MYR; Malaysian official currency) on June 1. It is now April 1. McKesson Company has negotiated a non-deliverable forward contract with its bank. The reference rate is the Malaysian ringgit's closing exchange rate (in $) quoted by Malaysian central bank in 60 days. The Malaysian ringgit spot rate today is $0.24. If the rate quoted by Malaysian central bank on June 1 is $0.26, McKesson Company will $ pay; 1,520,000 be paid; 1,520,000 pay; 3,800,000,000 be paid; 3,8000,000

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