Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you are an american importer buying from england t

You are an american importer buying from England The transaction size is 210,000 Pounds due...

70.2K

Verified Solution

Question

Finance

image
You are an american importer buying from England The transaction size is 210,000 Pounds due in a months. futures contracts come in 62,500 L increments. How misch would you eventually pay for the goods if you hedged with futures given the following data. All numbers are $/L. Note if you pay lool, the answer is 100, not - 100. Now spot 1.284 futures 1.306 1.299 2 months from now 1.348 1.354 1.356

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

We will write Δ(m,n) for the set of order preserving functions with source m and target...

Advance Math
Q

Design a one-week corrective exercise program for a friend or client. Your program must include the...

Medical Sciences
Q

An ideal refrigeration cycle utilizes R-134a as a working fluid. If the fluid enters the compressor...

Mechanical Engineering
Q

Listen Select all of the following types of fish that were abundant diverse in the...

Biology
Q

SolveLancer Test Consider the following statements given below and answer the correct 1 For a...

Physics
Q

6 Find the volume of the given prism Round to the nearest tenth if necessary...

Geometry
Q

The following are ages of 17 of the signers of the Declaration of Independence 30...

Basic Math
Q

Integrate f x y z The integral of f is x y z 2 2...

Calculus
Q

5 3b 25b 50

Algebra
Q

The information given below is the Peony Company's beginning balance sheet, estimates and policies, and...

Accounting
Q

Consider the function f(x,y)=xye^(-x^(2)-y^(2)) and the line L defined by 2x-y=0. (a) Find the absolute...

Accounting
Q

Round all final answers to the nearest cent. $137,700 Use the following tax rates and...

Accounting