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On July 1, year 1, Tackett Company (a Japan.-based company) entered into a three-month forward contract. Spot rate at July 1, year 1: 1 USD

On July 1, year 1, Tackett Company (a Japan.-based company) entered into a three-month forward contract. Spot rate at July 1, year 1: 1 USD = 107.69 JPY; Forward rate to October 1, Year 1: 1 USD = 107...

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