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If a firm takes a long forward position in the AUD against the USD: a.the firm sells the AUD at the forward exchange rate. b.the

If a firm takes a long forward position in the AUD against the USD:

a.the firm sells the AUD at the forward exchange rate.

b.the firm sells the USD at the forward exchange rate.

c.both (A) and/or (B) above.

d.the firm buys the AUD at the forward exchange rate.

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