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Your firm negotiated a forward contract to purchase 500,000 British pounds in 90 days to purchase British supplies.The 90-day forward rate was $1.25 per British
- Your firm negotiated a forward contract to purchase 500,000 British pounds in 90 days to purchase British supplies.The 90-day forward rate was $1.25 per British pound.On the day the pounds were delivered the British pound spot rate was $1.30.
What is the real cost of hedging that is payable for the U.S. firm?
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
