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Suppose your firm in Canada will be receiving AUD 600,000 in 90 days, and the 90-day forward rate for the Australian dollar is $0.90. What

Suppose your firm in Canada will be receiving AUD 600,000 in 90 days, and the 90-day forward rate for the Australian dollar is $0.90. What is the amount that the firm will receive if it uses a forward hedge?

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