If a U.S. firm is receiving 100,000 euros in 90 days and wishes to avoid the risk from exchange rate fluctuations, it could:
A) purchase a 90-day forward contract on euros.
B) sell a 90-day forward contract on euros.
C) purchase euros 90 days from now at the spot rate.
D) sell euros 90 days from now at the spot rate.
Correct Answer:
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