Suppose that your company will be receiving 30 million euros six months from now and the euro
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Suppose that your company will be receiving 30 million euros six months from now and the euro is currently selling for 1.4 Canadian dollars. If you want to hedge the foreign exchange risk in this payment, what kind of forward contract would you want to enter into?
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Related Book For
The Economics of Money Banking and Financial Markets
ISBN: 978-0321785701
5th Canadian edition
Authors: Frederic S. Mishkin, Apostolos Serletis
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