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d) Your fictitious company operates in Australia and reports in Australian dollars. This company has payables, in three months time for USD30 Million and GBP50
d) Your fictitious company operates in Australia and reports in Australian dollars. This company has payables, in three months time for USD30 Million and GBP50 Million. The company has receivables, expected in one month time for EUR10million and JPY600 Million. Identify, using diagrams, how you might hedge the exposure to exchange rate fluctuations (ignore any correlation between currencies).
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