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Question 11 I am a US wine exporter who is exporting wine to Portugal worth 100.000 and the amount is due in one year. I

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Question 11 I am a US wine exporter who is exporting wine to Portugal worth 100.000 and the amount is due in one year. I want to hedge my euro receivables using a money market hedge and obtain the following quotes from my banker Bid Ask Spot rate is $1.3000-51.3100 per The Portugese interest rates are 4 :46 anually and the US interest rates we 3.1 - 36 annually Using a money market hedge and bidansk spreads, what are my receivables in dollars in one year rounded? $129.599 5128.135 $124,283 od $128.130

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