微信扫一扫
实时资讯全掌握
Prosser Kew Shone plc must make a payment of US$450,000 in six months time. Now is December.
Foreign currency option prices Prices are in cents per £1, for a contract size of £12,500
Any money market borrowing in December would be invested at the money market rate for six months. Hedging the foreign exchange exposure on the forward exchange market in December would be A. More expensive than hedging on the money markets by £13,551. B. Cheaper than hedging on the money markets by £3,294. C. Cheaper than hedging on the money markets by £8,576. D. More expensive than hedging on the money markets by £6,933. | |||||||||||||||||||||||||||