an American firm owes a$3,500,000.00. payable in one year the current spot rate is $1.8000/a. An Australian bank is payi
Posted: Sun May 08, 2022 10:36 am
an American firm owes a$3,500,000.00. payable in one year the current spot rate is $1.8000/a. An Australian bank is paying 2% on deposits or will lend 5%. US Bank is paying 1% or will lend 5%. The Firm would like to hedges exposure with money market hedging how much money do you need to borrow today