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FIN4802 Assignment 02 2022 Answers
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By: ZANUPF • 2 year ago
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PREVIEWQUESTION 1
Forward Hedge
To purchase Botswana Pula 30 days forward
Namibia Dollars (NAM$) in 30 days = forward rate of NAM x payables in BWP
= NAM$1.25 X (BP300 000/1BP)
= NAM$375 000
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