Question
the spot rate of the dollar - Swiss Franc is $1.0860/SF and the three months forward is $1.6020/SF. The expected spot rate three months from
the spot rate of the dollar - Swiss Franc is $1.0860/SF and the three months forward is $1.6020/SF. The expected spot rate three months from today is $1.0890/SF. If you want to change SF20 million to dollars today. How many dollars would you receive?
A. $18,416,206.26
B. $21,720,000
C. $18,240,000
D. $21,240,000
E. $21,780,000
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Rockin Your Business Finances
Authors: Chrstine Odle
1st Edition
0999135104, 9780999135105
