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a) When a known cash outflow in a foreign currency is hedged by a company using a forward contract, there is no foreign exchange rate
a) When a known cash outflow in a foreign currency is hedged by a company using a forward contract, there is no foreign exchange rate risk. When it is hedged using futures contracts, the marking to ma...
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
9th edition
78034698, 978-0077502287, 77502280, 978-0078034695
