Boing sold $400 million in turbines to a Mexican utility payable in 6 months and $600 million to a Spain utility payable in
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Boing sold $400 million in turbines to a Mexican utility payable in 6 months and $600 million to a Spain utility payable in 1 year.
1 Compute the dollar proceeds from the sales if GE decides to hedge using forward contracts.
2 Compute the dollar proceeds from the sales if GE decides to hedge foreign exchange exposure using options.
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