Question: RTX Corporation, a U . S . - based MNC , will receive 6 8 million Malaysian ringgit on June 3 0 . It is
RTX Corporation, a USbased MNC will receive million Malaysian ringgit on June It is now March RTX has negotiated a nondeliverable forward contract with its bank. The reference rate is Malaysian ringgit's closing exchange rate in $ quoted by Malaysian central bank on June The Malaysian ringgit's spot rate today is $ If the rate quoted by Malaysian central bank on June is $ RTX will $ Question options: be paid; pay; pay; be paid;
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