Keywise Inc is an American-based gaming company that will receive MYR 1,707,000 in a year. The annual interest rate in M

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Keywise Inc is an American-based gaming company that will receive MYR 1,707,000 in a year. The annual interest rate in M

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Keywise Inc Is An American Based Gaming Company That Will Receive Myr 1 707 000 In A Year The Annual Interest Rate In M 1
Keywise Inc Is An American Based Gaming Company That Will Receive Myr 1 707 000 In A Year The Annual Interest Rate In M 1 (18.16 KiB) Viewed 61 times
Keywise Inc is an American-based gaming company that will receive MYR 1,707,000 in a year. The annual interest rate in Malaysia is 7% and the interest rate in the U.S.is 9%. The spot rate is USD 1.2929/MYR and the forecasted rate for a Malaysian Ringgit is 1.4612 US dollars. If the company wants to lock in the exchange rate using the money market hedge, how much should it invest in the United States? a. 2,062,598 b 2,248,232 c2,331,092 d. 2,024,753
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