In September, you implemented a hedging strategy for the sale of USD 675,000. You sold...
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Accounting
In September, you implemented a hedging strategy for the sale of USD You sold futures contracts each for USD at USDCAD maturing on December You settled these contracts through a reverse transaction at USDCAD On December you sold the USD at USDCAD spot rate Calculate the effective price you sold your USD.
In September, you implemented a hedging strategy for the sale of USD You sold futures contracts each for USD at USDCAD maturing on December You settled these contracts through a reverse transaction at USDCAD On December you sold the USD at USDCAD spot rate Calculate the effective price you sold your USD.
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