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When exporting companies purchase forward contracts for foreign exchange they are usually Select one: a. trying to make a foreign exchange profit. b. looking to
When exporting companies purchase forward contracts for foreign exchange they are usually
Select one:
a.
trying to make a foreign exchange profit.
b.
looking to invest in a foreign currency.
c.
giving up an opportunity to make a large profit.
d.
trying to lower their exposure to foreign exchange risk.
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