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If a Firengi Inc. desired to lock in a minimum rate at which it could sell its net receivables in Japanese yen but wanted to
If a Firengi Inc. desired to lock in a minimum rate at which it could sell its net receivables in Japanese yen but wanted to be able to capitalize if the yen appreciates substantially against the dollar by the time payment arrives, the most appropriate hedge would be:
A. a forward sale of yen B. purchasing yen put options C. purchase yen call options D. selling yen put options E. a money market hedge
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