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Your company will receive 75 million in 1 year from an Italian customer. You observe the following data. $: Spot $1.25:1.00 Rate $:E Forward $1.30:1.00

Your company will receive 75 million in 1 year from an Italian customer. You observe the following data. $: Spot \$1.25:1.00 Rate \$:E Forward $1.30:1.00 Rate How many USD will you receive if you employ a forward hedge

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