How you could protect your anticipated receipt

Reference no: EM131923005

Question: On 2/1/17, You, the CFO of Andrusco Motors sold Carlos Slim a Nuclear car for 10 million Pesos. Payment and delivery of the car will be on June 30. You are happy with the current exchange rate between your 2 countries, Analyze how you could protect your anticipated receipt of the pesos using futures just in case the peso dramatically rose (or even dropped) in value over the next few months. Use current spot rates, actual quoted margin amounts, and the longest quoted futures for your analysis.

Reference no: EM131923005

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