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QUESTION 14 Parker Company, a U.S. MNC, will receive AUD200,000 in 360 days. Assume that the 360-day interest rate in the United States is 196
QUESTION 14 Parker Company, a U.S. MNC, will receive AUD200,000 in 360 days. Assume that the 360-day interest rate in the United States is 196 and in Australia 396. Assume the forward rate of the Australian dollar is USD0.50/AUD and the spot rate of the Australian dollar is USDO.48/AUD. If Parker Company uses a forward hedge, it will receive __ in 360 days. 0 USD 94,136. USD 93,204. USD 100,000. None of the answers is correct
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