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If Nike, Inc. wants to lock in a minimum rate at which it could sell its net receivables in Euro but wants to be able
If Nike, Inc. wants to lock in a minimum rate at which it could sell its net receivables in Euro but wants to be able to capitalize if the Euro appreciates substantially against the dollar by the time payment arrives, the most appropriate hedge would be:
purchasing euro put options.
purchasing euro call options
a money market hedge
None of the options
a forward sale of euro
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