The current exchange rate is 155 dollars per euro if the, Finance Basics

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The current exchange rate is 155 dollars per euro if the

A US company has 40,000 euro loan in Germany that must be paid in 30 days. Assume the 30 day money market rates in the US and Germany are both 2% for lending and 3.5% for borrowing. The current exchange rate is 1.55 dollars per euro. If the company wants to complete a money market hedge, how many euros will be invested in the German money market?

A)39215.69
B)25806.45
C)38647.34
D)44245.01

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Finance Basics: The current exchange rate is 155 dollars per euro if the

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Finance Basics: The current exchange rate is 155 dollars per euro if the

Reference No:- TGS0628853

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Recent Questions Asked Finance Basics

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Finance Basics: The current exchange rate is 155 dollars per euro if the

Reference No:- TGS0628853

Recent Questions Asked Finance Basics

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