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Suppose that a Canadian Company, Maple Leaf Inc., is exporting its products to Australia in Nov. Upon this transaction, Maple Leaf will receive $ 6

Suppose that a Canadian Company, Maple Leaf Inc., is exporting its products to Australia in Nov. Upon this transaction, Maple Leaf will receive $

60

M AUD

6

months later. If Maple Leaf Inc. wants to lock in their exchange rate, what could they do

?

What type of Trader is Maple Leaf Inc.? What are the main differences between a Forward and a Future's contract?

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