Assume you are a Us importer with an account pavable denominated in Singapore dollars to...

90.2K

Verified Solution

Question

Finance

Assume you are a Us importer with an account pavable denominated in Singapore dollars to be paid in one year. You are considering hedging currency risk using a forward market hedge or a money market hedee. Answer the follovane two questions: - To hedge, would you go long or short the Singapore dollar in the forward market? - To hedge, would you need to borrow or invest in the money market in Singapore?

-short and invest

-Tone and borrow

-long and invest

-short and borrow

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students