How can the firm use currency options to hedge foreign-currency exposures resulting from international transactions? Describe the

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How can the firm use currency options to hedge foreign-currency exposures resulting from international transactions? Describe the key benefit and the key drawback of using currency options rather than futures and forward contracts.

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Principles of managerial finance

ISBN: 978-0132479547

12th edition

Authors: Lawrence J Gitman, Chad J Zutter

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