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Silicon Co., based in the U.S., exports products to Japan denominated in yen. If the forecasted value of the yen is substantially ____ than the
Silicon Co., based in the U.S., exports products to Japan denominated in yen. If the forecasted value of the yen is substantially ____ than the forward rate, Silicon Co. will likely decide ____ the payments.
higher; to hedge
lower; not to hedge
higher; not to hedge
lower; to hedge
lower; to hedge OR higher; not to hedge
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