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please help with showing work thanks Ganado-the wine U.S.-based company as discussed in class, has concluded a larger sale of telecommunications equipment to Regency (U.K.)
please help with showing work thanks Ganado-the wine U.S.-based company as discussed in class, has concluded a larger sale of telecommunications equipment to Regency (U.K.) on April 1. The total payment of pound 3.000.000 is due to Ganado in 90 days on July 1. Note each rate is given as the 90-day rate (not the annual rate) so that you can use the rates as given. a) What is the dollar value of the sale in 90 days if Ganado remains unhedged? b) What is the dollar value of the sale in 90 days if Ganado uses a forward market hedge
please help with showing work thanks
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