Page 1 of 1
Lee Hup corporation will receive 490,000 New Zealand dollars (NZD) in three months. The company expects that in three mo
Posted: Thu May 19, 2022 7:02 am
by answerhappygod
- Lee Hup Corporation Will Receive 490 000 New Zealand Dollars Nzd In Three Months The Company Expects That In Three Mo 1 (17.94 KiB) Viewed 42 times
Lee Hup corporation will receive 490,000 New Zealand dollars (NZD) in three months. The
company expects that in three months the NZD would be trading at USD 1.0774 and the quoted 90-forward rate is USD 1.1995/NZD. If Lee Hup corporation wants to hedge its transaction exposure with the forward contracts, it will: a receive NZD 527,926.00 in 90 days b. receive NZD 587,755.00 today creceive NZD 527,926.00 today d. receive NZD 587.755.00 in 90 days