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Next February, suppose you will receive 5,000,000 British Pounds (notEuros) and will convert into US dollars. Which is the correct action to take today in
Next February, suppose you will receive 5,000,000 British Pounds (notEuros) and will convert into US dollars. Which is the correct action to take today in order to hedge against British Pounds exchange rate risk?
Short 40 British Pounds futures contracts expiring in March |
Long 40 British Pounds futures contracts expiring in March |
Short 80 British Pounds futures contractsexpiring in March |
Long 80 British Pounds futures contracts expiring in March |
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