Business
Business, 20.04.2021 16:00, llolo8

Use the following information to calculate the dollar cost of using a money market hedge to hedge 200,000 pounds of payables due in 180 days. Assume the firm has no excess cash. Assume the spot rate of the pound is $2.02, the 180-day forward rate is $2.00. The British interest rate is 5%, and the U. S. interest rate is 4% over the 180-day period. Group of answer choices $384,761 $400,152 $396,190 $391,210

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