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An American firm is owed C$1,000,000.00 payable in one year. The current spot it $1.4500/C$....

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Finance

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An American firm is owed C$1,000,000.00 payable in one year. The current spot it $1.4500/C$. A Canadian bank is paying 2.00% on deposits or will lend at 6.50%. A U.S. bank is paying 5.00% or will lend at 6.00%. The firm will hedge this exposure with money market hedging. How much will they get in one year? O $1,429,577.47 O $1,361,502.35 O $1,537,000.00 $1,443.192.49 None of the above

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