Question ID#: 40228

Can anyone hop on Schweser and tell me which one of the following statements is true: 1) Question ID#: 40228 is blatantly wrong 2) I’m an f’ing idiot

He will pay 673,809 based on the forward contract. In the market he would have had to pay 680,689. Difference is 6,880 HKD.

But that’s assuming 4,000,000 Indian Rupee, and the question says 8,000,000??!!

hedge its exchange rate risk by entering a contract to purchase HALF of the rupees 90 days into the future for a price of 5.9364

oh for F’s sake. I AM an f’ing idiot. READ THE FULL QUESTION PEOPLE!!!