Question
Your small multinational US business has a 77,000 Euro capital expense to purchase some tools made in Germany in 6 months. The 6 month EUR
Your small multinational US business has a 77,000 Euro capital expense to purchase some tools made in Germany in 6 months. The 6 month EUR forward rate is 1.06. You hedge 100% of the exposure using a forward contract. If the actual exchange rate in 6 months is 1.24, then what is the US dollar gain or loss on your exposure within your business plan?
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How To Give Financial Advice To Couples Essential Skills For Balancing High Net Worth Clients Needs
Authors: Kathleen Burns Kingsbury
1st Edition
0071819118,0071819126
