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Maximillan Industries is located in France. The company just placed a large order with a Chinese firm for goods that will be shipped in six
Maximillan Industries is located in France. The company just placed a large order with a Chinese firm for goods that will be shipped in six weeks. To provide protection from exchange rate movements, Maximillan should execute a(n):
A.Trade at the current LIBOR rate for Chinese renminbi.
B.Forward trade in the current marketplace.
C.Covered interest arbitrage set of transactions at today's rates.
D.Exchange of currencies that qualify as an international Fisher exchange.
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