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Suppose the current spot rates are $.1125/MXN bid and $.1135/MXN ask, combined with current spot rates of .844/$ bid and .846/$ ask. What are the
Suppose the current spot rates are $.1125/MXN bid and $.1135/MXN ask, combined with current spot rates of .844/$ bid and .846/$ ask. What are the MXN/ bid and MXN/ ask prices? (to 4 decimal places) 1. 2. A U.S. firm has a payable of 135,000 in one year. Forward rate quotes are $1.256/ bid and $1.261/E ask. If the U.S. firm hedges with a forward, what is the guaranteed amount of USD the U.S. firm will expend on the payable
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