Here is the answer for the question – Johnson Co. has 1,000,000 euros as payables due in 30 days, and is certain that euro is going to appreciate substantially over time. Assuming the firm is correct, the ideal strategy is to:. You’ll find the correct answer below
Johnson Co. has 1,000,000 euros as payables due in 30 days, and is certain that euro is going to appreciate substantially over time. Assuming the firm is correct, the ideal strategy is to:
The Correct Answer is
purchase euros forward
Reason Explained
purchase euros forward is correct for Johnson Co. has 1,000,000 euros as payables due in 30 days, and is certain that euro is going to appreciate substantially over time. Assuming the firm is correct, the ideal strategy is to:
Thankyou for using answerout. We hope you get all your answers here. If you have any special questions, you can comment to ask us.
Howdy All, I am Alex Timmons, I have an experience of 10 years in Education, which I am trying to convey through this site.
Latest posts by Alex Timmons (see all)
