French exporter Dolly is to receive DM 2.0M in 6 months. Exchange rates are:- Spot: FF...
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French exporter Dolly is to receive DM 2.0M in 6 months. Exchange rates are:- Spot: FF 3.3974/DM 6 months Forward FF: 3.3465/DM (a) There is fear that DM will depreciate in the near future. What should he do? French exporter Dolly is to receive DM 2.0M in 6 months. Exchange rates are:- Spot: FF 3.3974/DM 6 months Forward FF: 3.3465/DM (a) There is fear that DM will depreciate in the near future. What should he do?
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