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Question 24 1 pts Use for the next seven questions On September 15, 2020, Food Exporters USA, Inc. exported products to a New Zealand fem
Question 24 1 pts Use for the next seven questions On September 15, 2020, Food Exporters USA, Inc. exported products to a New Zealand fem and expected to receive sayment of NZ$1.000.000 in the month December 15, 20201 On Sombor spot rate was 0.7200/NZS 3-month forward rate was $0.7100/NZS 3 month futures rate for the futures that expires in December) was 0.7150/ Om December 15 potte was 0.6950/NZS futures rate was $0.6950/NZS Given that on September 15 Food Exporters USA had hedged with a forward contact on December 15 they are testiged compared to what would have happened they had no of $95.000 waste of $15000 hem 51.000 worst 54050 Question 24 1 pts Use for the next seven questions On September 15, 2020, Food Exporters USA, Inc. exported products to a New Zealand fem and expected to receive sayment of NZ$1.000.000 in the month December 15, 20201 On Sombor spot rate was 0.7200/NZS 3-month forward rate was $0.7100/NZS 3 month futures rate for the futures that expires in December) was 0.7150/ Om December 15 potte was 0.6950/NZS futures rate was $0.6950/NZS Given that on September 15 Food Exporters USA had hedged with a forward contact on December 15 they are testiged compared to what would have happened they had no of $95.000 waste of $15000 hem 51.000 worst 54050
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