Question: Is the following statement true? Please explain: The true cost of hedging foreign currency risk faced in every market is the difference between the forward

 Is the following statement true? Please explain: "The true cost of
hedging foreign currency risk faced in every market is the difference between

Is the following statement true? Please explain: "The true cost of hedging foreign currency risk faced in every market is the difference between the forward rate and today's spot rate." Is the following statement true? Please explain: "Companies that purchase or sell derivative contracts are speculating

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