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(8 Points) You are an exporter of California wine to the United Kingdom. You expect to receive 625,000 British Pounds (GBP) in 3 months from
(8 Points) You are an exporter of California wine to the United Kingdom. You expect to receive 625,000 British Pounds (GBP) in 3 months from a sale you have just made. You do some research and predict that GBP will be appreciating against the U.S. Dollar in 3 months. Should you hedge? If so, what hedging instrument should you engage in and why
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