posted by Greatdanelola on .
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 compant 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?
*****It would acquire $942.77 US dollars to acquire 100,000 yen. Im just confused with the other questions.
Thank you for using the Jiskha Homework Help Forum. Firt of all, here is the difference between spot and forward exchange rates:
P.S. Because the rate of exchange changes so often, I got $942.285080.