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A U.S, firm holds an asset in Great Britain and faces the following scenario: where, P. - Pound sterling price of the asset held by

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A U.S, firm holds an asset in Great Britain and faces the following scenario: where, P. - Pound sterling price of the asset held by the U.S. firm P - Dollar price of the same asset The form should (buy/sell) forward of E at the prevaiting 1-year forward price to hedse the forelon currency risk

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