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(5 points) Your experience suggests that if USD is strong (weak), American students will be more (less) likely to study abroad. Of course, you do
(5 points) Your experience suggests that if USD is strong (weak), American students will be more (less) likely to study abroad. Of course, you do not know whether USD will be strong or weak against EUR in the future but you know that if USD is strong (weak), the sales volume is likely to be high (low). Under this assumption, how would you change your hedging strategy in question (6)
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