Question
Which one of the following management techniques is likely to best offset the risk of long-run exposure to an account payable denominated in a particular
Which one of the following management techniques is likely to best offset the risk of long-run exposure to an account payable denominated in a particular foreign currency?
| a. | borrow money in the foreign currency in question | |
| b. | rely on the Federal Reserve Board to enact monetary policy favorable to your exposure risk | |
| c. | borrow money in home country currency | |
| d. | lend money in the foreign currency in question |
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The Option Trader Handbook
Authors: George Jabbour
2nd Edition
0470481617, 978-0470481615
