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financial derivatives 2. You need to borrow USD 10 million in six-months' time for a period of three months. You decide to hedge the risk

financial derivatives
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2. You need to borrow USD 10 million in six-months' time for a period of three months. You decide to hedge the risk of interest-rate changes using Eurodollar futures contracts. Describe the hedging strategy you would follow. What if you decided to use an FRA instead

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