Question: Question 27 of 33 Question 27 2 points Save Answer Suppose today is November 15. Today (Nov 15). US firm is planning to import Mexican

Question 27 of 33 Question 27 2 points Save Answer "Suppose today is November 15. Today (Nov 15). US firm is planning to import Mexican caviar worth Pesos 2 million due on December 15 (one month later). The firm decides to hedge its payables poution by using December peso futures. The spot rate on Nov 15 is US$ 0.0630/peso and the December futures price on Nov 15 is at 10.0665 per peso: One month late on December 15, the spot rate is 50.05707 peso while the December futures price is $0.0615/peso. Assume contract size is 2 million pesos. What is the total net cost of APs in US s to the U.S. Importer 5124,000 $104,000 5145,000 None of the given answers

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