Question
your company will receive C$600,000 in 90 days. The 90-day forward rate in the Canadian dollar is $.80. If you use a forward hedge, you
your company will receive C$600,000 in 90 days. The 90-day forward rate in the Canadian dollar is $.80. If you use a forward hedge, you will receive in USD
A. receive $750,000 today
B. receive $750,00 in 90 days
C. pay $750,000 in 90 days
D. receive $480,000 today
E. receive $480,000 in 90 days
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Capital And Finance
Authors: Peter Lewin, Nicolás Cachanosky
1st Edition
0367514559, 978-0367514556
