Question
A local producer, exports carpets to US. The counter party sends a notice of payment of $100,000 in 1 month. Which of the following can
A local producer, exports carpets to US. The counter party sends a notice of payment of $100,000 in 1 month. Which of the following can be used by the exporter to protect against unfavorable movements in the $/TL parity?
A)short forward
B)short call
C)long put
D)long call
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Financial Risk Manager Handbook
Authors: Philippe Jorion
6th Edition
0470904011, 978-0470904015
