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International Economics 14th Edition by Thomas Pugel
Edition 14ISBN: 978-0071280792International Economics 14th Edition by Thomas Pugel
Edition 14ISBN: 978-0071280792 Exercise 4
The current spot exchange rate is $0.010/yen. The current 60-day forward exchange rate is $0.009/yen. How would the U.S. firms and people described in question 3 each use a forward foreign exchange contract to hedge their risk exposure What are the amounts in each forward contract
Explanation
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a.The U.S. firm has an asset position in...
International Economics 14th Edition by Thomas Pugel
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