XYZ Company will need 500,000 in 90 days to pay for French imports. Today's 90-day forward rate for the euro is $1.02. The spot rate for the euro in 90 days is forecast to be $1.07. Based on this information, what is the expected real cost of hedging payables?

 

Answer rating: 100% (QA)

To determine the expected real cost of hedging payables we need to compare the cost of hedging with ... View the full answer