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7. Assume the following information: Assume that Saint Bamabus ple in the UK will need 500,000 ringgit in 90 days. It wishes to hedge this

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7. Assume the following information: Assume that Saint Bamabus ple in the UK will need 500,000 ringgit in 90 days. It wishes to hedge this payables position. Would it be better off using a forward hedge or a money market hedge? Substantiate your answer with estimated costs for each type of hedge

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