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1 0 . A company has entered into a cash - settled forward contract to sell 1 0 m poundsat $ 1 . 5 /
A company has entered into a cashsettled forward contract to sell m poundsat $pound If the exchange rate at expiration is $pound the companywill:A Make a payment of m dollarsB. Receive a payment of million poundsC. Make a payment of m pounds
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