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.15 Terry McDermott and Aidan. Aidan-the Ireland-based company discussed in this chapter-has concluded another large sale of telecommunications equipment to Regency (U.K.). Total payment of
.15 Terry McDermott and Aidan. Aidan-the Ireland-based company discussed in this chapter-has concluded another large sale of telecommunications equipment to Regency (U.K.). Total payment of 3,000,000 is due in 90 days. Terry McDermott has also learned that Aidan will only be able to borrow in the United Kingdom at 14% per annum (due to credit concerns of British banks). Given the following exchange rates and interest rates, what transaction exposure hedge is now in Aidan's best interest
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