Question: pls answer fast wered. Question 3 5 pts Assume you are a US importer with an account payable denominated in New Zealand dollars to be

pls answer fast pls answer fast wered. Question 3 5 pts Assume you are a

wered. Question 3 5 pts Assume you are a US importer with an account payable denominated in New Zealand dollars to be paid in one year, in the amount of NZD 1,316,474. The current spot rate is 0.64 and the forward rate is 0.67, in number of USD for one NZD. What would be the US dollar amount of the hedged payable using a forward market hedge? Enter your answer with no decimals. Next

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