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US Co. has an account payable of 12.5M, due in 60 days. US decides to hedge this exposure today in the forward currency market. Current
- US Co. has an account payable of 12.5M, due in 60 days. US decides to hedge this exposure today in the forward currency market. Current /$ FX rates are spot $1.3324, 30 day $1.3328, 60 day $1.3331, 90 day $1.3338. The spot rate 60 days from today is expected to be $1.3310. What is the $ cost to US hedge this payable today?
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The Christian Case For Bitcoin
Authors: Dr Patrick C. Melder
1st Edition
979-8201772208
