A Kenyan based exporter of flowers Expects a receipt of $100,000 from a US customer due...
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A Kenyan based exporter of flowers Expects a receipt of $100,000 from a US customer due in 1 year. - The spot exchange rate is Ksh85 per $1 - The one-year interest rate in Kenya is 5% The one-year interest rate in US is 3% Show how this investor can use money market to hedge his exposure. A Kenyan based exporter of flowers Expects a receipt of $100,000 from a US customer due in 1 year. - The spot exchange rate is Ksh85 per $1 - The one-year interest rate in Kenya is 5% The one-year interest rate in US is 3% Show how this investor can use money market to hedge his exposure.
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