Question: Question 6 10 points Save Answer Celine Co. will need 500,000 euros in 90 days to pay for German imports. Today's 90-day forward rate of

 Question 6 10 points Save Answer Celine Co. will need 500,000

Question 6 10 points Save Answer Celine Co. will need 500,000 euros in 90 days to pay for German imports. Today's 90-day forward rate of the euro is $1.07. The spot rate of the euro in 90 days is forecasted to be $1.02. Based on this information, the dollar cash outflows of forward hedge is than the dollar cash flows of no hedge. $25,000 less than $10,700 more than $107,000 less than $25,000 more than

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