Question: Refer back to Exercises 19 26 and 19 27 1 What is the

Refer back to Exercises 19-26 and 19-27.
1. What is the notional value of the Hong Kong dollar forward contract described in Exercise 19-26? What is the fair value of the forward contract on December 31, 2008?
2. What is the notional value of the orange juice concentrate futures contract described in Exercise 19-27? What is the fair value of the futures contract on December 31, 2008?


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