FAB Corp. will be receiving 300,000 Canadian dollars (C$) in 90 days. Currently, a 90-day call option with an exercise price of $.75/C$ and a premium of $.01/C$ is available. Also, a 90-day put option with an exercise price of $.73/C$ and a premium of $.01/C$ is available. FAB plans to purchase options to hedge its receivables position. If the spot rate in 90 days is $.77/C$, what is the net amount received, assuming FAB Corp. wishes to maximize its revenue
Answers: 3
Another question on Business
Business, 21.06.2019 16:40
Acme published a story about paul and as a result paul sued acme for damage to his reputation, emotional distress, and punitive damages. paul won an award of $20,000 for damages, $5,500 for emotional distress, and $50,000 for punitive damages. what amount must paul include in his gross income
Answers: 1
Business, 21.06.2019 20:00
Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction
Answers: 1
Business, 22.06.2019 11:40
During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million
Answers: 1
You know the right answer?
FAB Corp. will be receiving 300,000 Canadian dollars (C$) in 90 days. Currently, a 90-day call optio...
Questions
Computers and Technology, 28.01.2020 05:31
English, 28.01.2020 05:31
Social Studies, 28.01.2020 05:31
Computers and Technology, 28.01.2020 05:31
History, 28.01.2020 05:31
Mathematics, 28.01.2020 05:31
Mathematics, 28.01.2020 05:31
History, 28.01.2020 05:31
Mathematics, 28.01.2020 05:31
History, 28.01.2020 05:31
Health, 28.01.2020 05:31
