An Indian company is importing machine at a price of $ 5,00,000, payable after six months. The current exchange rate is Rs 63 per US $. The forward contract for six months is available @ Rs 64 per US $. If the rate turns out to be Rs 64.25 per US $, the net gain to the importer in case he has entered into contract will be :
| A. | $ 1,25,000 |
| B. | $ 2,50,000 |
| C. | $ 5,00,000 |
| D. | $ 6,25,000 |
Answer : A Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
