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A German company expects to receive a payment of $ 5 , 0 0 0 , 0 0 0 from a U . S .
A German company expects to receive a payment of $ from a US customer in days. The current spot rate is $ If the euro appreciates to $ against the dollar over the next days, what is the FX transaction exposure, ie gain or loss, for the German company?
A gain
B loss
C gain
D loss
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