Find myr position should be hedged or not

Reference no: EM1344682

Aussie Biscuits Pty Ltd is an Australian company that sells a range of biscuits to the major supermarket chains in South East Asia. On 1 September the company invoiced a recent order from its Malaysian distributer totaling MYR 750,000 to be paid by bank transfer on 30 September.

As you are the finance manager of Aussie Biscuits you are worried that the recent significant appreciation of the Australian dollar may continue in the near future and you are considering whether this MYR position should be hedged or not.

Reference no: EM1344682

Questions Cloud

Continued existence of countertrade : How do you describe the continued existence of counter trade? Under what scenarios may its popularity increase still further by the year 2015?

What is the mass of block of ice : 0.20g of hydrogen gas are held in a rigid container. The temperature of the gas is changed from 50 K to 80 K. How much heat is needed.

Describe briefly how consumers and incumbent firms : describe briefly how consumers and incumbent firms are influenced by these externalities.

Foreign operation functional currency : Sydney Corporation, an Australian-based multinational, borrowed 10,000,000 euros from a German lender at the beginning of calendar year when exchange rate was EUR.60 = AUD1.

Find myr position should be hedged or not : As you are the finance manager of Aussie Biscuits you are worried that the recent significant appreciation of the Australian dollar may continue in the near future and you are considering whether this MYR position should be hedged or not.

Explaining significance of automating boundary : In System Analysis and Design: Automation Boundary - Why is the automating boundary significant?

Illustrate what is james opportunity cost of producing : illustrate what is james opportunity cost of producing chickens which person has an absolute advantage in which activities which person has a comparative.

How far away from the earth must this satellite be placed : The satellite has an orbital period around the Earth that is the similar as that of the Moon, 27.3 days. How far away from the Earth must this satellite be placed.

Discuss the purpose of an audit in the public sector : What is the purpose of an audit in the public sector? Why is public financial management important?

User Account

All Pages