Please use this information to answer the question below: A US firm's expected Accounts Receivables from Canada due in 90 days Current Spot Rate (SR) for CAD The 90-day Forward Rate for CAD $80,000 If the US firms uses a forward hedge, estimate the cost of hedging the receivable if the spot rate for CAD 90 days later turns out to be $0.68 O O $120,000 CAD 2,000,000 $0.74 $0.72 O $120,000 > 8 pts

Picase use this information to answer the question below: If the US firms uses a forward hedge, estimate the cost of hedging the receivable if the spot rate for CAD 90 days later turns out to be $0.68 $80,000 $80,000> $120,000