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national Financial Management Lost Pigeon Aviation, a US company, produces and exports industrial machinery overseas. It recently made asalto contem for 4658 million, but the

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national Financial Management Lost Pigeon Aviation, a US company, produces and exports industrial machinery overseas. It recently made asalto contem for 4658 million, but the Japanese firm has 60 days before it must make the payment to Lost Pron Avii The spot the dollar, and the 60 day forward rate is 134.72 per dollar. Is the yersing at premium or at discount on the forward mare dollar The yen is trading at a discount in the forward market. In the forward market, the yen is trading at a premium ut the customer pays Lost Pignon Aviation the x658 million today, how much will tont Peon frutice rechters 54.71 million $5.21 million 54.96 million $4,46 million Assuming that the forward market is correct and the spot exchange rate mode will the 60 day- Aviation would get more dollars of the Japanese tim poffit count Grade Mow

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