Question

Compute the real cost of hedging payables to purchase 200,000 pounds if the 90-day
forward contract rate is $1.40 and the 90-day spot rate is $1.44 per pound.
a. $ 8,000.00
b. -$ 8,000.00
c. -$ 5,000,000.00
d. $ 5,000,000.00​

Answer 1

Answer:

answer is c the correct answwr