Question: AMoving to another question will save this response Question 15 AUK company owes an American company S100.000 due to be paid in three months The

AMoving to another question will save this response Question 15 AUK company owes an American company S100.000 due to be paid in three months The company wishes to avoid exchange rate risk, so borrows enough in sterling now and converts it immediately to dolars which are invested to bring in the requiired amount in three months' time. The folowing indormation is avalable Spot rate SE 1.7755-1.7765 Smonth interest rates: Stering 1.250 US dollar 2425 How much will the UK company have to borrow now to clear the debt in three months? ORESAD OCES ODESE775 AMoving to another question will save this response Question 15 AUK company owes an American company S100.000 due to be paid in three months The company wishes to avoid exchange rate risk, so borrows enough in sterling now and converts it immediately to dolars which are invested to bring in the requiired amount in three months' time. The folowing indormation is avalable Spot rate SE 1.7755-1.7765 Smonth interest rates: Stering 1.250 US dollar 2425 How much will the UK company have to borrow now to clear the debt in three months? ORESAD OCES ODESE775

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