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Assume that Cooper Co. will not use its cash balances in a money market hedge. When deciding between a forward hedge and a money market

Assume that Cooper Co. will not use its cash balances in a money market hedge. When deciding between a forward hedge and a money market hedge, it _______ determine which hedge is preferable before implementing the hedge. It _______ determine whether either hedge will outperform an unhedged strategy before implementing the hedge.

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