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please help with showing work Jason Stedman is the director of finance for Burton Manufacturing, a U.S.-based manufacturer of hand-held computer systems for inventory management.
please help with showing work Jason Stedman is the director of finance for Burton Manufacturing, a U.S.-based manufacturer of hand-held computer systems for inventory management. Burton has completed the sale of a inventory management system to a British firm, Pegg Metropolitan (UK), for a total payment of pound 1,000,000 on June 1. The payment from Pegg Metropolitan is due in 3 months (90days) on September 1. a. What will be the dollar value of the sale on June 1? b. What will be the dollar value of the sale on September 1 if Jason decides to remain unhedged? Is this a foreign exchange gain or loss? c. What will be the dollar value of the sale on September 1 if Jason hedges using a forward contract? Is this a foreign exchange gain or loss
please help with showing work
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