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(MMH-exporter, 1/4) Suppose that Boeing exported a Boeing 737 to British Airways and billed 10 million payable in one year. The market conditions are given

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(MMH-exporter, 1/4) Suppose that Boeing exported a Boeing 737 to British Airways and billed 10 million payable in one year. The market conditions are given as follows: is=2.5%, ie - 1.2%, So = $1.12/1, F1 - $1.13/1. Which of the following is a correct step of a money market hedge? Boeing borrows 9,881,423 in the United Kingdom at the prevailing interest rate of 1.2% Boeing borrows 9,661,836 in the United Kingdom at the prevailing interest rate of 1.2% Boeing borrows 10 million in the United Kingdom at the prevailing interest rate of 2.5% O Boeing borrows 10 million in the United Kingdom at the prevailing interest rate of 1.2%

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