round b&c to 4 decimals places

Consider a US-based company that exports goods to Switzerland. The US. company expects to receive payment on a shipment of goods in three months. Because the payment will be in Swiss francs, the US. company wants to hedge against a decline in the value of the Swiss fronc over the next three months. The U.S. risk-free rate is 2 percent, and the Swiss risk-free rate is 5 percent. Assume that interest rotes are expected to remain fixed over the next slo months. The current spot rate is $0.5986. Required: *. Whether the US. company should use a long or short forward contract to hedge currency risk. b. Calculate the no-arbitrage price at which the U.S. company could enter into a forward contract that expires in three months: c. It is now 30 days since the US. company entered into the forward contract. The spot rate is $0.46. Interest. rates are the 5ame as before. Colculate the value of the US company's forward position