Question: What else is needed? all information is accounted for Rate Table 1 US Dollar US Dollar 1.00 USD Inv. 1.00 USD Euro 0.849341 1.177384 British
What else is needed? all information is accounted for
| Rate Table 1 US Dollar | ||
| US Dollar | 1.00 USD | Inv. 1.00 USD |
| Euro | 0.849341 | 1.177384 |
| British Pound | 0.767078 | 1.303649 |
| Indian Rupee | 63.646822 | 0.015712 |
| Australian Dollar | 1.261092 | 0.792963 |
| Canadian Dollar | 1.264788 | 0.790646 |
| Singapore Dollar | 1.366360 | 0.731872 |
| Swiss Franc | 0.972909 | 1.027845 |
| Malaysian Ringgit | 4.280730 | 0.233605 |
| Japanese Yen | 110.678297 | 0.009035 |
| Chinese Yuan Renminbi | 6.728534 | 0.148621 |
| Forward Contracts | B. Pounds per 1$ |
| 30 days | BP 0.75432/$ |
| 60 days | BP 0.73458/$ |
| 90 days | BP 0.71997/$ |
NOT QUESTION 9... Question 10!!!
Question 9.You have decided to set up an export business. You will be exporting handmade furniture to Great Britain. The importer has agreed to pay you in British Pounds. For your first shipment of beds, the importer will pay you today British Pounds 50,000. How much will you make in US dollars?
| $65,182 | ||
| $38,354 | ||
| $7,671 | ||
| $13,036 |
Question 10.
Referring to question 9, how much will it cost you if you hedge?
$36,729
$68,066
BP68,066
BP36,729
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