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UCD uses forward contract to hedge 450,000 euro receivable. Suppose one year later, the euro spot exchange rate is $1.1200. What is UCD's real cost
UCD uses forward contract to hedge 450,000 euro receivable. Suppose one year later, the euro spot exchange rate is $1.1200. What is UCD's real cost of hedging?
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Derivatives Principles And Practice
Authors: Rangarajan Sundaram
2nd Edition
0078034736, 9780078034732
