If You Have Entered into a Currency Futures Hedge for the Japanese

question 93

True/False

If you have entered into a currency futures hedge for the Japanese yen in connection with buying Japanese equipment,if the yen goes from 110 yen/$1 to 100 yen/$1,you will lose in the spot market but have an offsetting gain in the futures market.

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Definitions:

Active Listening

The practice of fully concentrating on what is being said, understanding the message, responding appropriately, and remembering the conversation.

Mirroring

The act of imitating or replicating another person's behavior, gesture, or speech.

Feeding Back

Providing evaluative or corrective information about an action, event, or process to the original source.

Prepared and Receptive

The state of being ready and open to receive new information or experiences.