Transcribed image text: Question 29 2.5 pts Today, you just invested 1,000,000 in a money market strategy

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Transcribed image text: Question 29 2.5 pts Today, you just invested 1,000,000 in a money market strategy to hedge a Euro accounts payable due in 3 months. Today's spot rate is $1.25/. How much does it cost you today in US$ to make the 1,000,000 investment? Costs $1,250,000 lat today's spot rate) Nothing Costs $ 800,000 (at today's spot rate)

Posted Date: Jul 02, 2024 07:07 AM

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Transcribed image text: Question 29 2.5 pts Today, you just invested 1,000,000 in a money market strategy

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