Business, 07.04.2020 15:58 BeautyxQueen

GAMESA is a Spanish company specialized in sustainable energy technologies , mainly wind power . GAMESA is positioned among the most important wind generator manufacturers in the world. On January 1 2010 GAMESA US has reached an agreement with SIEMENS to sell 10 generators for a total of €26 Million. Obviously this operation has a translation risk that GAMESA US wants to hedge assuming a short position in a Forward contract at one year maturity. Assume exchange rate on January 2010 is 1$/€. a) Which is the delivery price agreed in the Forward contract?

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GAMESA is a Spanish company specialized in sustainable energy technologies , mainly wind power . GAM...

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