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

question 60

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


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