Business, 18.03.2020 20:03 rk193140

Your firm is a U. K.-based importer of bicycles. You have placed an order with an Italian firm for €1,000,000 worth of bicycles. Payment (in euro) is due in 12 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 maturity.

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Your firm is a U. K.-based importer of bicycles. You have placed an order with an Italian firm for €...

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