Assume that on the day of DC1, you had contracted to purchase imports, which would require you to pay 1 millio day of DC2.
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Get it written →Assume that on the day of DC1, you had contracted to purchase imports, which would require you to pay 1 millio day of DC2. (Students selecting JPY must use 100,000,000 units for this question and for the following questions. Students sele units for this question and for the following questions) a. If you had hedged your position with a forward hedge, how many dollars would you have paid for the goods as o Initial spot Fwd points Unit cost
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