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Use excel to show the anwser - We are a car dealership in NOLA. - We will import Japanese Cars (Suzuki) for JPY 200,000,000 -
Use excel to show the anwser
- We are a car dealership in NOLA. - We will import Japanese Cars (Suzuki) for JPY 200,000,000 - We will pay in 3 months - We will sell these cars in the US for USD - We will collect USD within the 3 months Risk defined - We are collecting USD now (within the 3 months) - We will buy JPY in 3 months (to pay for our debt of JPY 200,000,000) What if the JPY value against the USD goes up? Please hedge this foreign exchange risk using derivatives similar to our class discussion on March 9th. Please upload your spreadsheet showing your work Step by Step Solution
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