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Due to the impact of COVID-19 on airways industrys profitability, a commercial bank is concerned about the financial ability of borrowing companies in airways industry
Due to the impact of COVID-19 on airways industrys profitability, a commercial bank is concerned about the financial ability of borrowing companies in airways industry to serve the debt (repay loans). As a financial consultant, what type of derivatives you would recommend the bank to buy in order to hedge against this risk? Explain.
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