To Hedge a ____ in a Foreign Currency, a Firm

question 51

Multiple Choice

To hedge a ____ in a foreign currency, a firm may ____ a currency futures contract for that currency.

• A)receivable; purchase
• B)payable; sell
• C)payable; purchase
• D)none of the above

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Definitions:

Viagra

Viagra is a medication commonly used to treat erectile dysfunction by increasing blood flow to the penis.

Elderly

Individuals, typically of advanced age, often considered to be past the common retirement age, who may face distinct social and health challenges.

Disability

A physical or mental condition that limits a person's movements, senses, or activities.

Gerontocracy

A society ruled by elderly people.