Suppose you are the treasurer of a large U.S. multinational firm that wants to hedge the foreign

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Suppose you are the treasurer of a large U.S. multinational firm that wants to hedge the foreign exchange risk associated with a payable of 1,000,000 Australian dollars due in 90 days. How many futures contracts would cover your risk?
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International Money And Finance

ISBN: 9780323906210

10th Edition

Authors: Michael Melvin, Stefan C. Norrbin

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