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A U . S . firm has a 1 0 0 , 0 0 0 payable with a 3 - month maturity. Which of the

A U.S. firm has a 100,000 payable with a 3-month maturity. Which of the following will hedge the foreign exchange exposure?
a.
Buy a call option on 100,000 with a strike price in dollars.
b.
All of the above
c.
Take a long position in a forward contract on 100,000 with a 3-month maturity.
d.
Buy the present value of 100,000 today at the spot exchange rate, invest in the U.K. at i.

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