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A US firm's expected Accounts Receivables in Switzerland due in 1 year Current Spot Rate (SR) for CHF Annual interest rate in US (Rh) Annual interest rate in Switzerland (Rf) 2% CHF 10,000,000 USD 0.80 5% If the firm uses money market hedge, one year from now, their accounts receivables will fetch them: O CHF 9,803,922 O USD 8,000,000 O USD 8,235,294 O CHF 7,843,137

A US firm's expected Accounts Receivables in Switzerland due in 1 year Current Spot Rate (SR) for CHF Annual interest rate in US (Rh) Annual interest rate in Switzerland (Rf) 2% CHF 10,000,000 USD 0.80 5% If the firm uses money market hedge, one year from now, their accounts receivables will fetch them: O CHF 9,803,922 O USD 8,000,000 O USD 8,235,294 O CHF 7,843,137

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A US firm's expected Accounts Receivables in Switzerland due in 1 year Current Spot Rate (SR) for CHF Annual interest rate in US (Rh) Annual interest rate in Switzerland (Rf) 2% CHF 10,000,000 USD 0.80 5% If the firm uses money market hedge, one year from now, their accounts receivables will fetch them: O CHF 9,803,922 O USD 8,000,000 O USD 8,235,294 O CHF 7,843,137
Transcribed Image Text:A US firm's expected Accounts Receivables in Switzerland due in 1 year Current Spot Rate (SR) for CHF Annual interest rate in US (Rh) Annual interest rate in Switzerland (Rf) 2% CHF 10,000,000 USD 0.80 5% If the firm uses money market hedge, one year from now, their accounts receivables will fetch them: O CHF 9,803,922 O USD 8,000,000 O USD 8,235,294 O CHF 7,843,137
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