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Question 34 2.5 pts Today, you just bought a US$ 1,200,000 forward contract to hedge a US$ accounts payable due in 9 months. The forward

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Question 34 2.5 pts Today, you just bought a US$ 1,200,000 forward contract to hedge a US$ accounts payable due in 9 months. The forward rate of the contract is $1.25/while today's spot rate is $1.2/. What is the cost of the accounts payable in when it is due? 1.440,000 1,500,000 960,000 1,000,000

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