题目
题目

FA25-BL-BUS-F307-1134 Practice Question Set: Final Exam- Requires Respondus LockDown Browser

单项选择题

A company has just sold a large amount of their product to another company over in France. In order to be competitive, they were forced to price in EUR. The sale total was for EUR 2 million, and will be payable in 60 days. The company has decided to hedge this transaction in the forward market and obtained a quote of EUR/USD1.4010-75. Given this information, how much will the company receive from this transaction in USD?

选项
A.2,802,000
B.5,802,000
C.3,802,000
D.4,802,000
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标准答案
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思路分析
To start, restate what the transaction involves and the data given: the company will receive EUR 2,000,000 in 60 days and has hedged using a forward rate of EUR/USD 1.4010-1.4075, meaning USD per EUR with a bid-ask spread. Understanding the forward quote: when you hedge a sale ......Login to view full explanation

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