The Following Information Is to Be Used in Answering Questions

question 21

Multiple Choice

The following information is to be used in answering questions 36?38.
U.S. borrowing rate for 1 year = 9.5%
U.S. deposit rate for 1 year = 8.7%
French borrowing rate for 1 year = 11.3%
French deposit rate for 1 year = 10.2%
French franc spot quote = $0.1763?78
French franc 1?year forward quote = $0.1729?47
-value can Alcoa lock in for its FF 3 million receivable if it executes a forward contract today?

• A) $518,700
• B) $524,100
• C) $528,900
• D) $532,410

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Definitions:

Learning Styles

The preferred ways or methods through which individuals learn best, such as visual, auditory, or kinesthetic learning.

Customized Training

Training programs specifically designed to meet the unique needs and objectives of a particular organization or group of individuals.

Technology Costs

Expenses associated with implementing and maintaining technological systems or equipment in various contexts.

MOOCs

Massive Open Online Courses, which are free or low-cost online courses available to a large number of people, often offered by universities or educational platforms.