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if a firm owes money denominated in a foreign currency and then deposits a discounted sum after converting at the spot rate in a foreign
if a firm owes money denominated in a foreign currency and then deposits a discounted sum after converting at the spot rate in a foreign bank to cover the future payable, then this is an example of which of the following hedging techniques?
a.) future hedge
b.) option hedge
c.) forward hedge
d.) money market hedge
e.) leading and lagging
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