Question: How do i solve these two? Assume you are a US exporter with an account receivable denominated in Singapore dollars to be paid to you
Assume you are a US exporter with an account receivable denominated in Singapore dollars to be paid to you in one year, in the amount of SGD 771,514. The current spot rate is 0.71 and the forward rate is 0.72 , in number of USD for one SGD. What would be the US dollar amount of the hedged receivable using a forward market hedge? Enter your aniswer with no decimals. 555,490 margin of error +/1 Question 2 0/2 pts Assume you are a US exporter with an account receivable denominated in Singapore dollars to be paid to you in one year, In the amount of SGD 785,000. The current spot rate is 0.72 and the forward rate is 0.71 , in number of USD for one SGD. Additionally, one-year interest rates are 6.7 in the US and 6.5 in Singapore, in \%. What would be the US dollar amount of the hedged receivable using a money market hedge? Enter your answer with no decimals. 566,261 margin of error 4/.5
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