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Calculate the forward contract for the following: Jubei Inc. is expected to receive €1,255,000 in September...

Calculate the forward contract for the following:

Jubei Inc. is expected to receive €1,255,000 in September (6 months) as the payment for work done in Italy.

$1.14150/€ bid and $1.14180/€ ask.

Lending Rate Borrowing Rate
U.S. 1.50% 1.60%
Euro 0.20% 0.40%

EUR/USD 6-Month Forward

Bid 77.7

Ask 79.2

Mid Price 78.35

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Answer #1

Colaleho found combinat Procesale to Recieved - € 125.000 for bmtb 1 € = $ 1. 14150 -1. 14180 Die dont Ask 7 - The Poupant de

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