Assume That Parker Co

Assume that Parker Co. will receive SF200,000 in 360 days. Assume the following interest rates:


Assume the forward rate of the Swiss franc is $.50 and the spot rate of the Swiss franc is $.48. If Parker Co. uses a money market hedge, it will receive ____ in 360 days.

A) $101,904
B) $101,923
C) $98,769
D) $96,914
E) $92,307