6. The U.S. manufacture sells the tools to a German company and has Euro receivable in 3 months. How can the manufacture hedge the currency risk? Long Euro futures Short Euro futures Short U.S. dollar futures None of the above
6. The U.S. manufacture sells the tools to a German company and has Euro receivable in 3 months. How can the manufacture hedge the currency risk? Long Euro futures Short Euro futures Short U.S. dollar futures None of the above
Chapter20: Short-term Financing
Section: Chapter Questions
Problem 4ST
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6. The U.S. manufacture sells the tools to a German company and has Euro receivable in 3 months. How can the manufacture hedge the currency risk?
- Long Euro futures
- Short Euro futures
- Short U.S. dollar futures
- None of the above
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