Question: There is a difference among a definite transaction and a contingent transaction exposure. Elucidate and include in your analysis wheter hedging tools are the same

There is a difference among a definite transaction and a contingent transaction exposure. Elucidate and include in your analysis wheter hedging tools are the same in the two cases and if so, wheter there is a best hedging tool. Please elaborate to more than half a page

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