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Today you observe the folowing quotes: Spot EURUSD =$1.37 60 Day Forward EURUSD =$1.15 In 60 day you expec to receive 281,718 Euros. In 60

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Today you observe the folowing quotes: Spot EURUSD =$1.37 60 Day Forward EURUSD =$1.15 In 60 day you expec to receive 281,718 Euros. In 60 days you expect the EURUSD exchange rate to be $1.17. In 60 days the EURUSD actually is $1.21. You decided to hedge your receivables with a forward. How many USD will you receive

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