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Suppose a firm anticipates an account receivable of 1,000,000 euros in 180 days. They have hired you to explain this cash flow to family-owners of
Suppose a firm anticipates an account receivable of 1,000,000 euros in 180 days. They have hired you to explain this cash flow to family-owners of the firm. Given what we have covered in this course regarding risk ( and potential risk management), explain the risks and at least one low-cost method of off-setting that risk.
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