Question: please help me solve these questions. please answer. Question 46 1 pts Your company expects to receive CAD 2,500,000 in 90 days. The 90 day

Question 46 1 pts Your company expects to receive CAD 2,500,000 in 90 days. The 90 day forward rate for CAD is $0.80 and the current spot rate is $0.75. If you use a forward hedge, estimate the cost of hedging the receivable given that 90 days later, the spot rate for CAD 90 days later turns out to be $0.78 $ 75,000 $50,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
