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Use the given interest rates. The current spot rate of the Jordanian dinar is $1.48, while the 360 day forward rate is $1.50. Perkins Corp.
Use the given interest rates. The current spot rate of the Jordanian dinar is $1.48, while the 360 day forward rate is $1.50. Perkins Corp. will receive 250,000 dinars in 360 days. How much US dollars will Perkins receive in 360 days from implementing a money market hedge
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