Foghat Co. has 2 million euros as receivables due in 60 days and is certain...
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Finance
Foghat Co. has 2 million euros as receivables due in 60 days and is certain that the euro will depreciate substantially over time. Assuming that the firm is correct, the ideal strategy is to:
| Purchase euro futures | ||
| Purchase euro call option | ||
| Purchase euro put option | ||
| Remain unhedged |
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