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(10 points) You own a local coffee house in the northeast part of Lincoln, NE and you import coffee from Vietnam, the second largest coffee
(10 points) You own a local coffee house in the northeast part of Lincoln, NE and you import coffee from Vietnam, the second largest coffee producer in the world. The invoice is priced in the Vietnamese currency, dong. You would like to hedge your payables but there are no future contracts or currency options for the dong. Explain how you would hedge the dong payables including any assumptions you are making? A nostro bank account is not a possibility.
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