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Business, 23.12.2021 02:50 isabeltorres5

Simpson Sign Company based in Frostbite Falls, Minnesota has a 6-month C$ 100,000 contract to complete sign work in Winnepeg, Manitoba, Canada. The current spot rate is $1.02/C$ and teh forward rate is $1.01/C$. Under conditions of equilibrium, mnaagement would use ___ today when preparing operating budgets.

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