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You will receive 10 million in one year. You are tasked to execute a money market hedge for this Yen exposure. If the dollar interest

You will receive 10 million in one year. You are tasked to execute a money market hedge for this Yen exposure. If the dollar interest rate is 5% and the yen interest rate is 3% and the spot rate is 120/$, then the first step would be to A. Borrow 9,708,737 B. Borrow $83,333 C. Borrow 9,523,809 D. Borrow $80,906

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