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Suppose that in the case of Riverside Corp in the previous question, the spot rate appreciates in 180 days to $1.45. How much would it
Suppose that in the case of Riverside Corp in the previous question, the spot rate appreciates in 180 days to $1.45. How much would it have received in U.S. dollars if it hadn't entered a forward contract? a. $580,000 b. $180,000 c. $480,000 d. $80,000
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