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Question 4 (1 point) Listen If a U.S. company tries to hedge 500,000 pounds of receivables due in 90 days. what should the company do
Question 4 (1 point) Listen If a U.S. company tries to hedge 500,000 pounds of receivables due in 90 days. what should the company do to hedge the FX risk given the information below: The 90-day forward rate is $2.10/pound. The company should buy 500,000 pounds 3-month forward for $1.05 million cost. The company should sell 500,000 pounds 3-month forward for $1.05 million revenue The company should sell 500,000 pounds 3-month forward for $238,095 revenue. The company should buy 500,000 pounds 3-month forward for $238,095 cost
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