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Question 1 Suppose your firm needs to hedge against exchange rate risk, but the hedging need is uncertain and the firm would like the ability

Question 1

Suppose your firm needs to hedge against exchange rate risk, but the hedging need is uncertain and the firm would like the ability to very quickly and easily cancelthe hedge at any time. Which of the following choice is the most appropriate in terms of the ability to quickly and easily cancel the hedge at any time?

a.

A forward contract

b.

A futures contract

c.

A currency swap

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