In order to minimize the foreign exchange exposure on a euro-denominated receivable due from a German company
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In order to minimize the foreign exchange exposure on a euro-denominated receivable due from a German company in 100 days, a British company would most likely initiate a:
A. spot transaction.
B. forward contract.
C. real exchange rate contract.
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Related Book For
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
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