An Australian company that is exposed to FX risk as the result of having a USD foreign currency payable due in 3 months can enter into:
A) a 3 month forward exchange contract to sell USD forward.
B) a 3 month forward exchange contract to sell AUD forward.
C) a 3 month futures contract to sell USD.
D) a 3 month currency swap to sell USD and buy AUD.
Correct Answer:
Verified
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