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Your firm has just tendered for a contract in Japan.You won't know for 3 months whether you get the contract but if you do, you will receive a payment of 10 million yen a year from now on.You are worried that if the yen declines in value, the dollar value of this payment will be less than you expect and the project could even show a loss.Discuss the possible ways that you could protect the firm against a decline in the value of the yen.Illustrate the possible outcomes if you do get the contract and if you don't.
Lawsuits
Legal actions brought in court to enforce a particular right or redress a specific grievance.
Watts Riots
A series of violent confrontations that took place between police and residents in Los Angeles in 1965, highlighting racial tensions and economic disparities.
Dead
The state of no longer being alive, often referring to biological organisms that have ceased all biological functions necessary for their survival.
Police
A body of officers representing the civil authority of government, responsible for maintaining public order and safety, and enforcing the law.
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