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You are the CFO of World Platform Int., a U.S. multinational corporation. Your firm exports its products to the euro zone and denominates the exports

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You are the CFO of World Platform Int., a U.S. multinational corporation. Your firm exports its products to the euro zone and denominates the exports in euros. Your firm expects to receive 1,500,000 euros in 1 year. You have access to the following information: U.S. deposit rate for 1 year 9% U.S. borrowing rate for 1 year 10% Euro deposit rate for 1 year 10% Euro borrowing rate for 1 year 12% Euro forward rate for 1 year $1.30 Euro spot rate $1.34 Using the information above, what will be the approximate value of these exports in 1 year in U.S. dollars given that your firm executes a money market hedge? $1,794,643. $1,950,000. $1,956,161. $1,741,071

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