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If a firm is planning to borrow money in the future, the rate it is trying to lock in is(Points : 3.3) a.the current forward
If a firm is planning to borrow money in the future, the rate it is trying to lock in is(Points : 3.3) |
a.the current forward rate
b.the current spot rate
c.the difference between the spot rate and the forward rate
d.the forward rate at the termination of the hedge
e.none of the above
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