- Data table Mandatory Forward Cover 0-90 days 91-180 days 180 days Paying the points forward 75% 65% 45% Receiving the points forward 100% 90% 50% Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet. Print Done - Data table Spot rate, Kr/C$ 4.73 O 3-month forward rate, Kr/C$ 4.74 6-month forward rate, Kr/C$ 4.77 12-month forward rate, Kr/C$ 4.79 Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet. Print Done Caribou River. Caribou River, Ltd., a Canadian manufacturer of raincoats, does not selectively hedge its transaction exposure. Instead, if the date of the transaction is known with certainty, all foreign currency-denominated cash flows must utilize the following mandatory forward cover formula: . Caribou expects to receive multiple payments in Danish kroner over the next year. Kr3,400,000 is due in 90 days; Kr2,100,000 is due in 180 days; and Kr900,000 is due in one year. Using the following spot and forward exchange rates, what would be the amount of forward cover required by company policy for each period? 1