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Refer to Below Exhibit. Pablo Corp. will need 150,000 Jordanian dinar (JOD) in 360 days. The current spot rate of the dinar is $1.48, while

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Refer to Below Exhibit. Pablo Corp. will need 150,000 Jordanian dinar (JOD) in 360 days. The current spot rate of the dinar is $1.48, while the 360-day forward rate is $1.46. What is Pablo's cost from implementing a money market hedge (assume Pablo does not have any excess cash)? 360-day borrowing rate US - 6% Jordan - 5% 360-day deposit rate US -5% Jordan - 4% Question 10 (1 point) Refer to Below Exhibit. Pablo Corp. will need 150,000 Jordanian dinar (JOD) in 360 days. The current spot rate of the dinar is $1.48, while the 360-day forward rate is $1.46. What is Pablo's cost from implementing a money market hedge (assume Pablo does not have any excess cash)? 360-day borrowing rate US - 6% Jordan - 5% 360-day deposit rate US -5% Jordan - 4% 1) $224,135 O2) $226,269 O 3) $224,114 4) $223,212

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