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27. A is not normally used for hedging long-term transaction exposure a. long-term forward contact b. futures contract c. currency swap d. parallel loan 28.

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27. A is not normally used for hedging long-term transaction exposure a. long-term forward contact b. futures contract c. currency swap d. parallel loan 28. An example of cross-hedging is: a. find two currencies that are highly positively correlated; match the payables in one currency to the receivables in the other currency. b. use the forward market to sell forward whatever currencies you will receive. c. use the forward market to buy forward whatever currencies you will receive. d. use the forward market to sell forward whatever currencies you will receive AND use the forward market to buy forward whatever currencies you will receive

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