LO 2, 3 Hedged Sale Commitment and Exposed Asset Position U.S. company, received a purchase order from a Swiss customer for delivery of merchandise on July 10, 2020, at a price of CHF10.,000,000, payable in Swiss francs (CHF) on September 10, 2020. To hedge its exposure to exchange rate changes, on June 25, 2020, GlobalAgra entered a forward contract for delivery E8.11 On June 25, 2020, GlobalAgra Inc., a LO 2, 3 Hedged Sale Commitment and Exposed Asset Position U.S. company, received a purchase order from a Swiss customer for delivery of merchandise on July 10, 2020, at a price of CHF10.,000,000, payable in Swiss francs (CHF) on September 10, 2020. To hedge its exposure to exchange rate changes, on June 25, 2020, GlobalAgra entered a forward contract for delivery E8.11 On June 25, 2020, GlobalAgra Inc., a