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Time left 0:32:12 stion 6 =yet wered arked out of On January 1, 2021, a U.S. firm purchased equipment from a foreign firm for 50,000

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Time left 0:32:12 stion 6 =yet wered arked out of On January 1, 2021, a U.S. firm purchased equipment from a foreign firm for 50,000 FC to be paid on March 1 in FC The spot rate was 1 FC = 51.50 on January 1 and 1 FC = $1.65 on March 1. To protect themselves from exchange rate changes, the US. firm entered into a forward exchange contract on January 1 to buy FC on March 1 for $1.52. The memo on 1.1.2021 is O a. The Company acquires a forward contract to sell 50,000 FC at a forward rate of $5:52 b. The Company acquires a forward contract to buy 50,000 FC at a forward rate of $150. O c The Company acquires a forward contract to buy 50,000 FC at a forward tate of 51.52 d. The Company acquires a forward contract to buy 50.000 FC at a forward rate of $1.65 Flag question F Previous page Next page G 9 da LG FB FO Flo so 67 ZY 8A 99 0 Y Y U 1 2 End GY HI K. LL Enter is band

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