Question: rccepi My courses > BU4720 > Managing Transaction Exposure Problem 7 Intro Apple sells iPhone in many countries, including India. The company expects to receive

rccepi My courses > BU4720 > Managing Transaction Exposure Problem 7 Intro Apple sells iPhone in many countries, including India. The company expects to receive 372,000,000 Indian rupees (INR) from its exports in one year. The spot rate is $0.0147 per rupee and the one-year forward rate is $0.0148 per rupee. The U.S. interest rate is 4% and the Indian interest rate is 13%. Part 1 Attempt 1/10 for 10 pts. What is the value of the receivables in one year with a money market hedge (in $)? 386880000 Try again Try again See solution (-1 pts.) About Blog Contact Instructor Guide Privacy Accepi 2012 - 20 rccepi My courses > BU4720 > Managing Transaction Exposure Problem 7 Intro Apple sells iPhone in many countries, including India. The company expects to receive 372,000,000 Indian rupees (INR) from its exports in one year. The spot rate is $0.0147 per rupee and the one-year forward rate is $0.0148 per rupee. The U.S. interest rate is 4% and the Indian interest rate is 13%. Part 1 Attempt 1/10 for 10 pts. What is the value of the receivables in one year with a money market hedge (in $)? 386880000 Try again Try again See solution (-1 pts.) About Blog Contact Instructor Guide Privacy Accepi 2012 - 20

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