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The current spot exchange rate is $1.14/euro. The current 90-day forward exchange rate is $1.11/euro. How could a U.S firm, who must repay a 40
The current spot exchange rate is $1.14/euro. The current 90-day forward exchange rate is $1.11/euro. How could a U.S firm, who must repay a 40 million euro loan in 90 days, use a forward exchange contract to hedge its risk exposure
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