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ABC corporation imports from U.K. corporation and promised to pay 50,000 pounds after 90 days from the import date to U.K. corporation. ABC corporation's bank
ABC corporation imports from U.K. corporation and promised to pay 50,000 pounds after 90 days from the import date to U.K. corporation. ABC corporation's bank forecasted that the value of pound will be appreciated in the future. Please write memorandum regarding what action ABC corporation should take in order to prevent losses from the importing to the president of ABC corporation, Mr Allan Yule. Please write four types of action to be taken.
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