FIN 535 Midterm Exam 100% correct Q 22
- Kaplan University / FIN 535
- 04 Aug 2015
- Price: $1
- Other / Other
FIN 535 Assume a Japanese firm invoices exports to the U.S. in U.S. dollars. Assume that the forward rate and spot rate of the Japanese yen are equal. If the Japanese firm expects the U.S. dollar to ____ against the yen, it would likely wish to hedge. It could hedge by ____ dollars forward.