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Use the payoff diagrams and map out: a)F. Mayer's exposure, given a budget rate of AUD/EUR 0.69 b)A foreign exchange forward (FEC) contract at an

Use the payoff diagrams and map out:

a)F. Mayer's exposure, given a budget rate of AUD/EUR 0.69

b)A foreign exchange forward (FEC) contract at an AUD/EUR of 0.6910

(20 Marks

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