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Business, 03.07.2020 01:01 skywil8981

Mr. Charles imports light bulbs from Norway to the United States. He has a contract to purchase from a Norwegian firm 10,000 light bulbs that he plans to sell in Chicago in 30 days. Assuming that futures trading exists between U. S. dollars and Norwegian Kroner, how can Mr. Charles use such a market to hedge foreign currency risk

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