Parent has issued a purchase order for inventory from Canada on Jan 02 20xx for delivery...
Parent has issued a purchase order for inventory from Canada on Jan 02 20xx for delivery in 90 days. The exchange rate on Jan 02, 20xx was $US1.00 to CAN$$ 1.00. The forward exchange rate is $US1.10 to CAN$$1.00 in 90 days..
What might be the hedge you would recommend? I do not want to pay more than the Exchange rate at 01. 02, 20xx?
Homework Answers
Answer:
Hedge : Purchase a Doller 2 jan 2020 at $US1.00 and sales after 90 Dayes .
Parent has issued a purchase order for inventory from Canada on Jan 02 20xx for delivery in 90 days. The exchange rate on Jan 02, 20xx was $US1.00 to CAN$$ 1.00. The forward exchange rate is $US1.10 to CAN$$1.00 in 90 days..
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Parent has issued a purchase order for inventory from Canada on
Jan 02 20xx for delivery...
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