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53. Which of the following would be an effective hedge? A. Sell 53 Israeli Shekels forward at the 1-year forward rate, F1($IIS), that prevails at

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53. Which of the following would be an effective hedge? A. Sell 53 Israeli Shekels forward at the 1-year forward rate, F1($IIS), that prevails at time zero. B. Buy 53 Israeli Shekels forward at the 1-year forward rate, F1{$fIS), that prevails at time zero. C. Bell 12,898 Israeli shekels forward at the 1-year forward rate, F1($!IS), that prevails at time zero. D. None of the above

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