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    zasara1's Avatar
    zasara1 Posts: 1, Reputation: 1
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    #1

    Aug 5, 2009, 11:22 AM
    Convert 100,000 yen into U.S. dollars
    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 ony 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 choose? Hom many dollars do you have to spend to acquire the amount of yen required?
    stevetcg's Avatar
    stevetcg Posts: 3,693, Reputation: 353
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    #2

    Aug 5, 2009, 11:25 AM

    Since this appears to be a homework question, what do you think the answer is?
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