Question
A U.S. firm will receive British pound due in 6 months. The liability totals 1 million GBP. This is an open long position. If GBP
A U.S. firm will receive British pound due in 6 months. The liability totals 1 million GBP. This is an open long position. If GBP depreciates then what strategy can the firm take to hedge/cover itself?
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Financial Informatics An Information Based Approach To Asset Pricing
Authors: Dorje C Brody, Lane Palmer Hughston, Andrea Macrina
1st Edition
9811246483, 978-9811246487
