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Exporters Incorporated is a multinational firm that exports to countries around the world. One country the firm exports to is the Great Britain. Exports to

Exporters Incorporated is a multinational firm that exports to countries around the world. One country the firm exports to is the Great Britain. Exports to Great Britain are invoiced in British pounds. Exporters projections are that the pound will appreciate against the dollar in the future. Based on this expectation should Exporters Incorporated hedge its exports with a forward contract? Briefly Explain.

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