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Assume you are a US importer with an account payable denominated in Singapore dollars due in one year. You are considering hedging currency risk using

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Assume you are a US importer with an account payable denominated in Singapore dollars due in one year. You are considering hedging currency risk using a the options market. What type of option and position would you need to use? Buy a call option Sell a put option Buy a put option Sell a call option

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