U.S. company that competes for the business of supplying an Italian company with laser technology.There is a
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Question:
U.S. company that competes for the business of supplying an Italian company with laser technology.There is a formal bidding process that ends on December 31, 2020 and payment (in Euro) for delivery of goods is expected to be received on February 28, 2021.
What type of option strategy should the company consider?Carefully explain your proposed strategy with specific examples and details of the hedging instruments used.
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