3. An investor in the common stock of companies in a foreign country may wish to hedge...

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3. An investor in the common stock of companies in a foreign country may wish to hedge against the ______ of the investor’s home currency and can do so by ______ the foreign currency in the forward market.

a. depreciation; selling.

b. appreciation; purchasing.

c. appreciation; selling.

d. depreciation; purchasing.

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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