The following data are available determine the total cost, Financial Management

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The following data are available determine the total cost

Suppose it is Thursday, September 16 and Origine an importer of Swiss watches to the United States, has an account payable of CH'F 50000 due on Wednesday, December 15. The following data are available, determine the total cost in dollars of hedging the payable using a forward contract.

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Financial Management: The following data are available determine the total cost

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