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1. Forward Foreign Exchange: Yen/Us dollar and Forward exchange rate 3month = 110 $....

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1. Forward Foreign Exchange: Yen/Us dollar and Forward exchange rate 3month = 110 $. You need/will receive 100 000 in 3 month. How to hedge if Yen appreciate? Depreciate? a. If Yen appreciate as importer): Today: June19: b. If Yen depreciate as exporter): Today: June 19

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