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QUESTION 9 2.5 points Pettro Intl., a U.S. firm imports products from Britain and the invoices are denominated in British pounds. Assume that the forward

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QUESTION 9 2.5 points Pettro Intl., a U.S. firm imports products from Britain and the invoices are denominated in British pounds. Assume that the forward rate and spot rate of the pound are the same. If Pettro expects the pound to would likely against the dollar, it depreciate; buy pounds forward. depreciate; hedge it. appreciate; hedge it. to remain the same; hedge it

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