11. If Gide uses a six-month forward currency contract to convert the yen received from the sale...

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11. If Gide uses a six-month forward currency contract to convert the yen received from the sale of the Japanese subsidiary into euros, the annualized return in euros that Millau will realize is closest to:

A. 0.066%.

B. 2.130%.

C. 2.196%.

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Derivatives

ISBN: 9781119850571

1st Edition

Authors: CFA Institute

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