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Which of the following strategies could be used by a Mexican firm that must make a payment in US dollars to mitigate exchange rate risk?

Which of the following strategies could be used by a Mexican firm that must make a payment in US dollars to mitigate exchange rate risk?

A) Buy a futures contract on pesos.

B) Sell a futures contract on pesos.

C) Buy a futures contract on dollars.

D) Sell a forward contract on dollars.

E) None of the above.

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