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As a treasurer of a large U.S. corporation, you must decide the best way to manage the firm's cash flows to maximize profits, subject to
As a treasurer of a large U.S. corporation, you must decide the best way to manage the firm's cash flows to maximize profits, subject to maintaining an acceptable level of risk. Your firm has an account payable to a French firm of 2,000,000 due in 180 days. Discusstwoways to manage this foreign currency liability. Is there any reason to prefer one course of action over another?
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