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You are quoted the following rates: As a Chinese importer, you are buying dapanese goods valued at 200,000Ven. How much better off are you using

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You are quoted the following rates: As a Chinese importer, you are buying dapanese goods valued at 200,000Ven. How much better off are you using forwards vs spot. (to the nearest whole unit of currency) (hint find both spot and forward results and subtract) You are an American (\$) exporterselling to England (L. The transaction size is 760.000 Pounds due in 2 months. Futures contracts come in 62,500L increments. How much would you eventually recelve for the goods if you hedged with futures given the following data. All numbers are $/L. Please answer to the nearest dollar

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