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  answer-question

Economics For Investment Decision Makers

ISBN: 9781118111963

1st Edition

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

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