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U.S professional football team plans to play an exhibition game in the United Kingdom next year. Assume that all expenses will be paid by the
U.S professional football team plans to play an exhibition game in the United Kingdom next year. Assume that all expenses will be paid by the British government and the team will receive a check for 1 million pounds. The team anticipates that the pound will depreciate substantially by the scheduled date of the game. How can the team hedge it position ?
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