Question: Question 27 4 points (Extra Credit) Save Answer Summit Surgical Supplies (SSS), headquartered in New York, just placed an order for surgical masks with a

Question 27 4 points (Extra Credit) Save Answer Summit Surgical Supplies (SSS), headquartered in New York, just placed an order for surgical masks with a supplier in Mexico for MXN 100,000,000. The payment is due in 30 days. Use the following table to determine the value of Summit's payables if it uses money market hedging Current Spot Rate 30-day U.S. interest rate (for investing and borrowing) 3% per annum WACC 30-day Mexico interest rate (for investing and borrowing) 9% per annum MXN24/USD 12% per annum a USD 4,177,005.79 b. USD 4,106,159.42 USD 4,089,909.42 d. USD 3,905,733.12 e USD 4,389,492.75

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