A U. S. MNC will receive 1 million Indian rupees (INR) in one year. The current spot rate is INR 75 / USD and the one year forward rate is INR 320/USD. The annual interest rate is 5 percent in India and 0 percent in the United States. The dollar amount the firm will receive using the forward hedge is
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A U. S. MNC will receive 1 million Indian rupees (INR) in one year. The current spot rate is INR 75 / USD and the one year forward rate is ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The Bears Corporation has provided you the following information:Increase in accounts receivable balance 50,000 Net sales 500,000 Gross profit as a percentage of net sales 40%Increase in the inventory account 45,000 Accounts payable balance
Answers (1)
Your company manufactures children's toys, and you want to keep the prices as low as possible for individual consumers. Which of the following things could you do to keep prices low? A. Add subcontractors to the manufacturing process. B.
Answers (1)
A teacher instituted a new reading program at school. after 10 weeks in the program, it was found that the mean reading speed of a random sample of 21 second grade students was 94.8 wpm.
Answers (2)
Do you think the road the speaker took was really the less traveled one? What line supports your answer?
Answers (1)
Fallon Corporation reports net income of $370,000. Accounts Receivable balances at the beginning and end of the year were $40,000 and $48,000, respectively. Beginning and ending Inventory balances were $60,000 and $54,000, respectively.
Answers (1)
New Questions in Business
Omaha Plating Corporation is considering purchasing a machine for $1,500,000. The machine is expected to generate a constant after-tax income of $100,000 per year for 15 years.
Answers (1)
36. A manufacturer's or supplier's use of an independent third party to manage an entire function of the logistics system, such as transportation, warehousing, or order processing, is called: a. outsourcing. b. mediation. c.
Answers (2)
The demand for salt is inelastic, and the supply of salt is elastic. The demand for caviar is elastic, and the supply of caviar is inelastic.
Answers (1)
A match is an example of something that stores what?
Answers (1)
For the following statement, state the relevant elasticity and state what its value should be (negative, positive, greater than one, zero, and so on). The demand for European vacations increases during times of rising incomes. a.
Answers (1)