Question: Finance and Global Business - HEDGING There is a difference among a definite transaction and a contingent transaction exposure. Elucidate and include in your analysis

Finance and Global Business - HEDGING

There is a difference among a definite transaction and a contingent transaction exposure.

Elucidate and include in your analysis whether the hedging tools are the same in the two cases, and if so, whether there is a best hedging tool. In your analysis, use only forward and option hedging techniques.

Please explain this in depth as I need to understand.

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