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Two American companies are bidding on a project to sell computer servers to a Mexican company. The payment for the winning company is in pesos.

Two American companies are bidding on a project to sell computer servers to a Mexican company.
The payment for the winning company is in pesos. The winning company wants to convert the pesos into dollars. The announcement of the winner is in three months and the total payment will be made in six months.

What do you recommend to the winning company to protect against volatility in the exchange rate?

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