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If Learco Co . wanted to guarantee the maximum amount that it would have to pay for its net payables in pounds but also wanted
If Learco Co wanted to guarantee the maximum amount that it would have to pay for its net payables in pounds but also wanted to be able to benefit if the pound depreciates substantially against the dollar by the time the payment is made, then the most appropriate hedge would be:
a forward purchase of pounds.
a money market hedge.
selling pound call options.
purchasing pound put options.
purchasing pound call options.
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