Answer:
e. $638
Explanation:
payment to be made as per forward contract (IN $)
= 39960/ 1.682
= $23757.43
now the actual rate after 90 days is 1.638
payment at 1.638 rate = 39960/ 1.638
= $24395.6
loss by hedging = $24395.6 - $23757.43
= $638.17
Therefore, The U.S. firm have saved or lost $638 in U.S. dollars by hedging its exchange rate exposure.
True Hope This Has Helped
<span>It's false that uncollectible accounts should not be estimated because it is impossible to know which accounts will not be collected. </span>
Answer:
An information search.
What is information search?
is a stage in the Consumer Decision Process during which a consumer searches for internal or external information.
