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extrl83 extrl83
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4 months ago
Xin is selling his transformer over the internet for C$500. An interested buyer says he is willing to pay 360 euro in six months. What position should Xin take to eliminate his foreign exchange exposure?

▸ 360 long euro forward contract

▸ 500 short Canadian forward contract

▸ 360 short euro forward contract

▸ 500 long Canadian forward contract
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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whtsi_ep3whtsi_ep3
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