Why do many firms only allow hedging of booked exposures, and not quotation or backlog exposures?

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Multinational Business Finance

ISBN: 978-0134796550

15th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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Question Posted: Jun 27, 2019 07:05 AM

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Why do many firms only allow hedging of booked exposures, and not quotation or backlog exposures?

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Multinational Business Finance

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