You are assigned the duty of ensuring the availability of 100,000 yen for the payment that is scheduled for next month.
Considering that your company possesses only U.S. dollars, identify the spot and forward exchange rates. What are the factors that affect your decision of utilizing spot versus forward exchange rates? Which one would you choose?
How many dollars do you have to spend to acquire the amount of yen required?

First its not a good idea to piggyback your question on someone else's. This can lead to confusion. You should start a new thread. So I've moved your question to its own thread.

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