Refer back to Exercises 19-26 and 19-27. 1. What is the notional value of the Hong Kong
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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, 2011?
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, 2011?
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Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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