You are the treasurer of Arizona Corp. and must decide how to hedge (if at all) future receivables of 350,000 Australian dollars (A$) 180 days from now. Put options are available for a premium of $.02 per unit and an exercise price of $.50 per Australian dollar. The forecasted spot rate of the Australian dollar in 180 days is: Future Spot Rate Probability
$.46 20%
$.48 30%
$.52 50%
The 90-day forward rate of the Australian dollar is $.50.
U. S. deposit rate for 1 year = 1%
U. S. borrowing rate for 1 year = 4%
Australian deposit rate for 1 year = 3%
Australian borrowing rate for 1 year = 6%
(a) What option strategy can Arizona use to hedge its receivables?
(b) What is the probability that the option will be exercised (assuming Arizona purchased it)?
(c) What will be the net receivables if the option is exercised?
(d) Is the option strategy better than a forward contract?
(e) Explain how Arizona can conduct a money market hedge?
(f) What will be the net receivables for Arizona with the money market hedge?
(g) Would leaving the receivables unhedged be better than any of the hedging strategies?

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23

answer; the inspector may have found some violation that could cause death or some kind of serious injury;

2b2t

explanation:

2b2t

among other factors, composers started writing dynamic markings in their scores because "new instruments allowed for more dynamic ranges and contrast."

dynamics allude to the loudness or softness of music. dynamics offer an approach to demonstrate articulation in sheet music. they to drive the enthusiastic substance of music through volume and force. maybe you could alter both the volume and the shading profundity on your screen at the same time. we can likewise think about the force side of elements as the quality of a note. a few notes are intended to be played delicately and gently, while others are intended to be played all the more firmly.  

some dynamics markings have a letter 'm,' which remains for mezzo, signifying 'medium.' so a mezzo piano unique stamping resembles this (mp) and intends to play medium calm, while a mezzo specialty dynamic resembles this (mf) and intends to play medium loud.