Money market hedge of receivables tom turbines a us firm, Financial Management

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Money market hedge of receivables tom turbines a us firm

Money Market Hedge of Receivables. Tom Turbines, a U.S firm, export windmills to New Zealand and expects receivables of New Zealand dollar (NZD) 2,500,000 in six months. Using the information from problem 10, demonstrate how the firm can use the money market hedge to protect its receivables position.

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