Which of the following is probably not appropriate for an MNC wishing to reduce its exposure to British pound payables?

Name: Which of the following is probably not appropriate for an MNC wishing to reduce its exposure to British pound payables?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A pound put option gives the holder the right to sell pounds, which would not be useful for reducing exposure to pound payables. The other options involve purchasing or securing pounds, which would be appropriate for managing payables.

Which of the Following Is Probably Not Appropriate for an MNC