Business, 04.12.2019 21:31 lifewkeya

Your company expects to pay 5,000,000 japanese yen 90 days from now. you decide to hedge your position by buying japanese yen forward. the current spot rate of the yen is $.0089, while the forward rate is $.0095. you expect the spot rate in 90 days to be $.0099. how many dollars will you need to meet your obligation 90 days from now?

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Your company expects to pay 5,000,000 japanese yen 90 days from now. you decide to hedge your positi...