Question
If a U.S. firm desires to avoid the risk from exchange rate fluctuations, and the US firm is receiving Euro 100,000 in 90 days, it
If a U.S. firm desires to avoid the risk from exchange rate fluctuations, and the US firm is receiving Euro 100,000 in 90 days, it could______.
Group of answer choices
set up a 90 day forward contract to sell euros
set up a 90 day forward contract to buy euros
sell euros 90 days from now at the spot rate
purchase euros 90 day from now at the spot rate
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
2nd Edition
0273651080, 978-0273651086
