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15. Fluor Corporation, a US company, has just made a EUR bid on a major project located in France. It won't find out for 60
15. Fluor Corporation, a US company, has just made a EUR bid on a major project located in France. It won't find out for 60 days whether it has won the contract. There will be a 10% signing bonus payable to the winner in euros. The best way to protect against currency risk on its signing bonus is for Fluor to a) buy a euro futures contract b) sell a euro call option c) sell a euro futures contract d) buy a euro put option 15. Fluor Corporation, a US company, has just made a EUR bid on a major project located in France. It won't find out for 60 days whether it has won the contract. There will be a 10% signing bonus payable to the winner in euros. The best way to protect against currency risk on its signing bonus is for Fluor to a) buy a euro futures contract b) sell a euro call option c) sell a euro futures contract d) buy a euro put option
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