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A U . S . exporter has sold wool carpets to a buyer in Italy. The payment term of the transaction is net 6 0
A US exporter has sold wool carpets to a buyer in Italy. The payment term of the transaction is net ; the currency of the transaction is Eurodollars. The carpets have been shipped. To minimize its exposure, the US exporter should:
Question options:
Enter into a day forward contract to purchase Eurodollars
Enter into a day forward contract to sell Eurodollars
Sell Eurodollars in days on the spot market
Immediately enter into a spot transaction for the purchase of Eurodollars
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