On 02/12/2007, Company X (HCMC) signed a deferred contract under 90 days for a company in USA. The contract value is
300,000 USD. Payment would be made on 02nd March 2008.
To avoid the exchange rate fluctuation, which transactions could the company do? Present those transactions.
Where,
On 02nd December 2007, the exchange rate in Vietnam: 16,050 – 16,054
Interest rate per year:
USD: Deposit: 4%; Lending: 6% ; VND: Deposit:9% ; Lending: 12%. Premium for options contract: 50 VND/USD,
Exercise rate in the options contract: 3
USD/VND = 16,100.
8/20/2020
Nong Thi Nhu Mai – Faculty of Comm