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Business, 27.11.2019 21:31 jenifferplowman

Your firm is a u. s.-based exporter of bicycles. you have sold an order to a french firm for £1,000,000 worth of bicycles. payment from the french firm (in euro) is due in three months. detail a strategy using futures contracts that will hedge your exchange rate risk. have an estimate of how many contracts of what type and how much (in $) your firm will have.

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Your firm is a u. s.-based exporter of bicycles. you have sold an order to a french firm for £1,000,...

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