Question: Read Case: Hedging Currency Risks at AIFS ( refer the to Syllabus for the Harvard Business Review link ) and then create a post to

Read Case: Hedging Currency Risks at AIFS (refer the to Syllabus for the Harvard Business Review link) and then create a post to answer the following questions.
What gives rise to currency risk at AIFS?
Why is it important for American Institute for Foreign Studies (AIFS) to hedge?
Evaluate these statements: "Hedging is hedging. Whether it uses forwards or options AIFS will have the same payoff."
What is your recommendation for AIFS? Should it hedge and with what instrument?

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