Reset Password

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form

Register

Bids

0

Project-Budget

$10- $30

Active

int finance

Project Description:

 

Assume Sun Microsystems expects to receive €20,000,000 in 90 days. A dealer provides a quote of $0.875 per euro for a currency forward contract to expire in 90 days with settlement in cash. Calculate the cash flow (i.e. who pays what amount) if Sun Microsystems enters into the forward contract and at the end of 90 days the rate is $0.9 per euro?

About student:

0 rating(0 Reviews)