Answer:
Hopkins Corporation has a subsidiary located in Singapore. Next year, the Singapore subsidiary is expected to generate income of S$2,000,000. Hopkins decides to hedge its translation exposure using a forward contract. The 360-day forward rate for the Singapore dollar is $0.56. If the Singapore dollar <u>depreciates</u> by $0.03, Hopkins will have realized a <u>gain</u> of <u>$60000.</u>
Explanation:
Since the exposure has been hedged through forward contract, any appreciation is a loss and any depreciation is a gain
Amount = 2,000,000*0.03 = 60,000
The answer would be true because they take authority. that's what I got from the internet hope this helps.
Not having enough employees to do the work or something
Stakeholders are someone or agroup of ppl that are interested in the business