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PLEASE HELP ASAP!!!! NEED IT QUICK!!! Please use this information to answer the question below: A US firm's expected Accounts Receivables from Canada due in
PLEASE HELP ASAP!!!! NEED IT QUICK!!!
Please use this information to answer the question below: A US firm's expected Accounts Receivables from Canada due in 90 days Current Spot Rate (SR) for CAD The 90-day Forward Rate for CAD If the US firms uses a forward hedge, estimate the cost of hedging the receivable if the spot rate for CAD 90 days later turns out to be $0.65 $100,000 O$100,000 > $60,000 CAD 2,000,000 $0.70 $0.68 Step by Step Solution
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