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A US Corporation has just made a bid on a major project located in UK. If the project is awarded, the company will receive a
A US Corporation has just made a bid on a major project located in UK. If the project is awarded, the company will receive a sizeable down payment in pound upfront. However, it wont find out for 60 days whether it has won the contract. The best way to protect against currency risk on its bid is for the firm to
Group of answer choices
buy a pound call option
sell a pound futures contract
buy a pound put option
buy a pound futures contract
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