To hedge a ____ in a foreign currency, a firm may ____ a currency futures contract for that currency.
A) receivable; purchase
B) payable; sell
C) payable; purchase
D) None of these are correct.

Name: To hedge a ____ in a foreign currency, a firm may ____ a currency futures contract for that currency. A) receivable; purchase B) payable; sell C) payable; purchase D) None of these are correct.
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Question

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To hedge a payable in a foreign currency, a firm may purchase a currency futures contract for that currency.

To Hedge a ____ in a Foreign Currency, a Firm