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Compaq Computer has a SF 1 million payable in 30 days. Suppose Compaq can borrow in U.S. at 0.796 and invest in Switzerland at 0.5%

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Compaq Computer has a SF 1 million payable in 30 days. Suppose Compaq can borrow in U.S. at 0.796 and invest in Switzerland at 0.5% for 30 days. How could Compaq hedge this payable using a money market hedge? Assume the franc's spot rate is $ 0.65. Select one: a. Borrow SF 995,025 from a Swiss bank today b. Borrow $646,766 from a U.S. bank today c. None of the choices is correct d. Borrow $993,048 from a U.S. bank today e. Borrow SF 1,000,000 today ach of the follo

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