Question: This problem is worth 20 points Giant Electric is expecting to receive 5 million Croatian kuna in 45 days. They agree with their bank on

This problem is worth 20 points Giant Electric is expecting to

This problem is worth 20 points Giant Electric is expecting to receive 5 million Croatian kuna in 45 days. They agree with their bank on a non-deliverable forward rate of $0.155 and to use the Croatian central bank rate as the reference rate on which to settle in 45 days, since forward rates are not available. What are Giant Electric's transactions in 45 days if a) the Croatian central bank rate of exchange is $0.185, and b) the Croatian central bank rate of exchange is $0.135

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