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The following information are available in respect of Alcoa Ltd . U . S . borrowing rate for 1 year = 9 . 5 %
The following information are available in respect of Alcoa Ltd
US borrowing rate for year
US deposit rate for year
French borrowing rate for year
French deposit rate for year
French franc spot quote $
French franc year forward quote $
What value can Alcoa lock in for a receivable of FF million due in one year if it executes a money market hedge today?
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