Question 13 (1 point) In a forward hedge, if the forward rate is an accurate predictor of the future spot rate, the real cost of hedging payables will be: 1) highly positive. O2) highly negative. 3) zero. 4) none of the above Question 14 (1 point) Volusia, Inc. is a U.S. -based exporting firm that expects to receive payments denominated in both euros and Canadian dollars in one month. Based on today's spot rates, the dollar value of the funds to be received is estimated at $500,000 for the euros and $300,000 for the Canadian dollars. Based on data for the last fifty months, Volusia estimates the standard deviation of ted 5 6