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Posted on Jun 10, 2024

Suppose that you will get from your grandparents 30 million euros six months from now as inheritance and the euro is currently selling for 1

Suppose that you will get from your grandparents 30 million euros six months from now as inheritance and the euro is currently selling for 1 euro per dollar. If you want to hedge the foreign exchange risk in this payment, what kind of forward contract would you want to enter into?

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