Assume that Parker Company 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 Company 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

Question

Assume that Parker Company 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 Company 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

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The Answer of Assume that Parker Company 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 Company 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

Assume That Parker Company Will Receive SF200,000 in 360 Days