做几个题目,巩固一下.
assume the following information:
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90-day us interest rate 4%
90-day malaysian interest rate 3%
90-day forward rate of malaysian ringgit $.400
spot rate of malaysian ringgit $.404
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assume that santa barbara co.in the united states will need 300000 ringgit in 90days .it wishes to hedge this payables position .would it be better off using a forwatd hedge or a money market hedge?substantiate you answer.
