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Question 20 (1 point) Suppose that you are a UK-based company with a receivable denominated in Canadian dollars (CAD) and that the 6-month forward rate

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Question 20 (1 point) Suppose that you are a UK-based company with a receivable denominated in Canadian dollars (CAD) and that the 6-month forward rate is GBP2.4/CAD. At which of the following values of the expected future spot rate in 6 months' time will the forward hedge be preferred to an unhedged position? GBP2.5/CAD GBP2.6/CAD GBP2.7/CAD GBP2.3/CAD 88 B

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