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1. 2. 3. STEP: 1 of 3 Suppose that Goodwin Co., a U.S.-based MNC, knows that it will receive 200,000 British pounds in one year.

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1. 2. 3. STEP: 1 of 3 Suppose that Goodwin Co., a U.S.-based MNC, knows that it will receive 200,000 British pounds in one year. Goodwin is considering engaging in a forward hedge on this receivable. in one year. If the one-year forward rate on pounds is $1.35, this hedge will result in Goodwin receiving $ Grado Stop 1 TOTAL SCORE: 0/4 (to complete this step and unlock the next step) Grade It Now Save & Continue

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