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3 . An importer in Canada is due to take delivery of silk scarves from Europe in 6 months. The price is fixed in Euros.

3 .

An importer in Canada is due to take delivery of silk scarves from Europe in

6

months. The price is fixed in Euros. Which of the following transactions could eliminate the importers exchange risks?

.

Buy Euro forward

.

Sell Euro forward

.

Borrow Euro, buy dollars at a spot exchange rate

.

Sell Euros at the spot exchange rate, lend dollars.

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