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4-) Assume that a U.S. based investor began applying a carry trade strategy by borrowing in the U.S. and investing in Turkey, as of November

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4-) Assume that a U.S. based investor began applying a carry trade strategy by borrowing in the U.S. and investing in Turkey, as of November 2022. The corresponding interest rates are 3\% in the U.S. and 30% in Turkey. The current spot rate between TL and USD is 18.6TL per USD. The strategy will be in place for a year, hence will end in November 2023. Note that the investor is taking an exchange rate risk here. If he decides to hedge some of that exchange rate risk, what can he do? What financial instruments can he use, and how? Please be specific

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