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4. Managing short-term transaction exposure with currency forward contracts is different from managing it with currency options because a) currency forwards will give you upside

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4. Managing short-term transaction exposure with currency forward contracts is different from managing it with currency options because a) currency forwards will give you upside gains but immunize against losses b) currency options will give you upside gains but immunize against losses c) currency forwards require you to mark to market the daily gains or losses

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