Question 3 Assume you are a US importer with an account payable denominated in Singapore dollars to be paid in one year.
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Question 3 Assume you are a US importer with an account payable denominated in Singapore dollars to be paid in one year.
Question 3 Assume you are a US importer with an account payable denominated in Singapore dollars to be paid in one year. You are considering hedging currency risk using a forward market hedge or a money market hedge. Answer the following two questions: - To hedge, would you go long or short the Singapore dollar in the forward market? - To hedge, would you need to borrow or invest in the money market in Singapore? short and invest 0/2 pts long and invest short and borrow long and borrow