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9. Assume a Korean firm invoices exports to the U.S. in U.S. dollars. Assume that the forward rate and spot rate of the Korean won
9. Assume a Korean firm invoices exports to the U.S. in U.S. dollars. Assume that the forward rate and spot rate of the Korean won are equal. If the Korean firm expects the U.S. dollar to against the won, it would likely wish to hedge. It could hedge by dollars forward. A) depreciate; selling B) depreciate; buying C) appreciate; selling D) appreciate; buying
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