Business, 27.03.2020 00:28 Barret07

Exports products to a French firm and will receive payment of €200,000 in three months. On June 1, the spot rate of the euro was $1.12, and the 3-month forward rate was $1.10. On June 1, Crylon negotiated a forward contract with a bank to sell €200,000 forward in three months. The spot rate of the euro on September 1 is $1.15. Crylon will receive $ for the euros.

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Exports products to a French firm and will receive payment of €200,000 in three months. On June 1, t...

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