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Suppose that on January 1, GE bids on a contract to supply Turbine blades to Lufthansa, a company in Germany. The announcement of the winning
Suppose that on January 1, GE bids on a contract to supply Turbine blades to Lufthansa, a company in Germany. The announcement of the winning bid would not be until April 1. Therefore, GE used to hedge itself against exchange rate risk: A. option market O B. futures market OC. forward market OD. money market
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