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For selling its products in UK, XYZ will receive 2.5 million British Pounds next March. Which of the following is the best action today in
For selling its products in UK, XYZ will receive 2.5 million British Pounds next March. Which of the following is the best action today in order to hedge against FOREX risk?
Short 40 British Pounds futures contracts expiring in March
Short 80 British Pounds futures contractsexpiring in March
Long 80 British Pounds futures contracts expiring in March
Long 40 British Pounds futures contracts expiring in March
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