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Question 18 Not yet answered Marked out of 2.00 K-Roo Ltd.'s US subsidiary is expecting to receive AUD 16792 in 4 months from sales to

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Question 18 Not yet answered Marked out of 2.00 K-Roo Ltd.'s US subsidiary is expecting to receive AUD 16792 in 4 months from sales to an Australian customer. K-Roo wants to use a money market hedge to lock in the USD value of the receivable. It observes the following interest and exchange rates: Annualized Australian 4-month interest rates: 9.7%-9.6% P Flag question Annualized US 4-month interest rates: 5.2%-5% Spot USD/AUD rate: USD2.6/AUD. What is the USD value of this receivable using a money market hedge? O a. 44331.9811 O b. 42996.6290 O c. 44302.9300 O d. 6557.9854 O e. 16537.1650

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