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3. How could a U.K. firm with revenues related to the ongoing selling of goods to a U.S. purchaser, and denominated in U.S dollars, use

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3. How could a U.K. firm with revenues related to the ongoing selling of goods to a U.S. purchaser, and denominated in U.S dollars, use a foreign currency swap to reduce their foreign exchange risk? Answer: Enter into a swap in which the firm receives and pays (Simply put a single currency symbol in each blank or, alternatively, simply put the abbreviation GBP or USD in each blank)

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