=+Red Wheel ple expects to need to borrow 15m at floating rate in late December for three
Question:
=+Red Wheel ple expects to need to borrow £15m at floating rate in late December for three months and is concerned that interest rates will rise between August and December.
Assume: No transaction costs.
Required a Show a hedging strategy that Red Wheel could employ to reduce uncertainty.
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Related Book For 
Corporate Financial Management And How To Write Essays And Assignments
ISBN: 978-1405882897
Coursepack Edition
Authors: Glen Arnold
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