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QUESTION 2 6 points Save Ansv Firm AAA, located in the U.S., has a payable obligation of 550 million payable in one year to a

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QUESTION 2 6 points Save Ansv Firm AAA, located in the U.S., has a payable obligation of 550 million payable in one year to a bank in Japan. The current spot rate= 110\/S. Japan's annual interest rate = 1%. The annual interest rate in the U.S. = 3%. Calculate the dollar cost for this obligation using the money market hedge. 20% ALT EN 510(Mac)

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