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Your company will recieve a payment if 14 million euros in 1 year. Using the information above, what will be the value of this payment
Your company will recieve a payment if 14 million euros in 1 year. Using the information above, what will be the value of this payment in U.S dollars in one year guven that the firm executed a forward hedge?
euro spot rate: $1.35:1
euro forward rate in 1 year: $1.45:1
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