Problem $8$

Assume an MNE exporting medications from Israel to the USA. This transaction implies that a

payment of $200,000$ USD will be received in $3$ months. Considering this the MNE faces the risk of

Israeli new shekel appreciation against the USD. Construct the money market hedge that is to

cover this type of risk and explain each transaction of this hedge, given the following inputs:

$(ILS\frac{?}{?}$ USD$)$