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2 3 22 5 24 14 4 23 6 25 7 26 9 28 3 8 27 15 16 17 21 10 19 10 29 11 30 12 31 13 32 33 34 35 16 37 20 39 Question 23 38 6 points Save Answe Assume the following information: -90-day Ugurtand interest rate -7% -90-day Mangoland interest rate 6% -90-day forward rate of Mangoland currency - Ugurland 5.0.9 -Spot rate of Mangoland currency Ugurland $.0.8 Assume that the Batista corporation in the Ugurtand will need 175000 Mangoland currency in 90 days. It wishes to hedge this position. Would it be better off using a forward hedge or a money market hedge? Substantiate your answer with detailed calculations, TTTT Paragraph. Arial . 3 (121) i MacBook Pro

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