The current spot rate of the British Pound is GBP 1.392/USD, and the three-month forward...
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The current spot rate of the British Pound is GBP 1.392/USD, and the three-month forward exchange rate is GBP 1.3965/USD. British Unilever expects a payment of GBP 100 million in three months. If the firm hedges this transaction in the forward market, what is the USD amount it will receive in three months
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