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A firm in the United States is due to receive payment of 1 million in eight years time. It would like to protect itself against a decline in the value of the euro, but finds it difficult to get forward

A firm in the United States is due to receive payment of €1 million in eight years’ time. It would like to protect itself against a decline in the value of the euro, but finds it difficult to get forward cover for such a long period. Is there any other way in which it can protect itself?

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Principles of Corporate Finance

Principles of Corporate Finance

ISBN: 978-0077404895

10th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen

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Posted Date: December 31, 2012 10:50:27
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