Answer Happy

Posted: **Thu May 19, 2022 12:28 am**

: Yesterday You Entered Into A Futures Contract To Sell Aud 100 000 At A Settlement Price Of 6886 Aud And Deposited 2 1 (18.24 KiB) Viewed 46 times

: Yesterday You Entered Into A Futures Contract To Sell Aud 100 000 At A Settlement Price Of 6886 Aud And Deposited 2 2 (18.24 KiB) Viewed 46 times

: Yesterday You Entered Into A Futures Contract To Sell Aud 100 000 At A Settlement Price Of 6886 Aud And Deposited 2 3 (22.19 KiB) Viewed 46 times

Yesterday, you entered into a futures contract to sell AUD 100.000 at a settlement price of $.6886/AUD and deposited $2,000 into your performance bond account. Today, the new settlement price is $.6896/AUD. Your new performance bond account balance is O $1,900 $2.100 O $1,800 O $2.000
Question 14 Suppose Boeing exported a Boeing 737 to British Airways to billed £10 million payable in one year. The 1-year forward exchange rate is $1.46/£. At which of the following future spot exchange rates would a forward hedge result in a loss for Boeing? O $1.30/£ O $1.46/E $1.40/E $1.50/E