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Your firm's subsidiary in US.-based exporter of technology. You have got an order from a Swiss firm for SFr. 1,000,000 worth of technology. Payment from

Your firm's subsidiary in US.-based exporter of technology. You have got an order from a Swiss firm for SFr. 1,000,000 worth of technology. Payment from the Swiss firm using the swiss currency is due in 12 months. Show how the firm can use a money market hedge to re-denominate this one-year good into a euro-denominated good with a one-year maturity.

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