2. money market hedge on receivables assume that parker company will receive 200,000 canadian dollars in 360 days. assume the following interest rates: u.s. canada 360-day borrowing rate 6% 5% 360-day deposit rate 4% 3% assume the forward rate of the canadian dollar is $.80 and the spot rate of the canadian dollar is $.78. if parker company uses a money market hedge, how much u.s. dollars will it receive in 360 days from its canadian dollar receivable? (round to whole dollars) (2 points)
