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You would like to use a money market hedge to hedge your 10M A/R next year. The current spot exchange rate is 1.7$/, the home

You would like to use a money market hedge to hedge your Â£10M A/R next year. The current spot exchange rate is 1.7$/Â£, the home (U.S.) risk-free interest rate is 6% and U.K. risk-free interest rate ...

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