Question: . Please answer problem 19. it continues onto the second page. l use turtency diversification to reduce transaction s exposure. e 19. Hedging with Put

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Please answer problem 19. it continues onto the second page.
l use turtency diversification to reduce transaction s exposure. e 19. Hedging with Put Options As treasurer of Tucson Corp. (a U.S. exporter to New Zealand), e you must decide how to hedge (if at all) future receivables of 250,000 New Zealand dollars 90 days from now. Put options are available for a premium
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