04 Dec Boing sold $400 million in turbines to a Mexican utility payable in 6 months and $600 million to a Spain utility payable in
Boing sold $400 million in turbines to a Mexican utility payable in 6 months and $600 million to a Spain utility payable in 1 year.
1 Compute the dollar proceeds from the sales if GE decides to hedge using forward contracts.
2 Compute the dollar proceeds from the sales if GE decides to hedge foreign exchange exposure using options.
* online data
