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SMW Import Co. purchased goods from France for 200.000 to be paid in euros in 90 days when exchange rate was 20/ and wanted to
SMW Import Co. purchased goods from France for 200.000 to be paid in euros in 90 days when exchange rate was 20/ and wanted to hedge the exposure with money market hedge. What is the cost of payable in Money Market Hedge if Euro deposit rate is 5% for 90 days and TL borrowing rate is 10% for 90 days? (Please round the final result to whole number) a. 3.818.182 b. 3.636.364 c. 4.000.000 d. 4.190.476
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