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Your firm is bidding on a large construction contract in a foreign country. This contingent exposure could best be hedged with put options on the

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Your firm is bidding on a large construction contract in a foreign country. This contingent exposure could best be hedged with put options on the foreign currency. with call options on the foreign currency. with futures contracts. both with put and call options on the foreign currency, depending upon the specifics ("the rest of the story

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