Question
PLEASE SHOW WORK Suppose AAPL has a 2 billion USD worth of profit it is expecting to collect from its subsidiary in Hong Kong in
PLEASE SHOW WORK
Suppose AAPL has a 2 billion USD worth of profit it is expecting to collect from its subsidiary in Hong Kong in 12 months. How can AAPL hedges with a money market hedge if the current exchange rate is at $0.1255 per HKD and the interest rate in Hong Kong is 2% and the interest rate in the US is 3%? How much USD will AAPL actually get from this hedge?
PLEASE SHOW WORK
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Beyond Greed And Fear Understanding Behavioral Finance And The Psychology Of Investing
Authors: Hersh Shefrin
1st Edition
0195161211, 978-0195161212
