You Answered orrect Answer As a Canadian (CAD) exporter selling to Switzerland (CHF) and being paid in 3 months. you are given the following information Transaction size 109,821 Swiss Investment rate Borrowing rate ANNUAL ANNUAL Canada Switzerland 8.4% Spot Rate (bid- ask) 1.70 C/sf How much would you receive if you hedged with the money market hedge? 173,429 181.901.67 margin of error +/- 10 Every 3 months implies the interest rates should be divided by 4. Find the pv, then convert, then invest. 2.2 % 4.2% 12.8 % 1.71 C/sf