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In September, you implemented a hedging strategy for the sale of USD 6 7 5 , 0 0 0 . You sold 5 futures contracts
In September, you implemented a hedging strategy for the sale of USD You sold futures contracts each for USD at USDCAD maturing on December You settled these contracts through a reverse transaction at USDCAD On December you sold the USD at USDCAD spot rate Calculate the effective price you sold your USD.
A The effective price is USDCAD
B The effective price is USDCAD
C The effective price is USDCAD
D The effective price is USDCAD
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