If the underlying transaction gives you denominated in a foreign currency, the general principle behind a money market hedge states that you need an equivalent liability in the money market to provide a hedge. a. a forward contract b. a foreign bank account c. a liability d. an asset
If the underlying transaction gives you denominated in a foreign currency, the general principle behind a money market hedge states that you need an equivalent liability in the money market to provide a hedge. a. a forward contract b. a foreign bank account c. a liability d. an asset
Chapter20: Short-term Financing
Section: Chapter Questions
Problem 2QA
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16-If the underlying transaction gives you denominated in a foreign currency, the general principle behind a money market hedge states that you need an equivalent liability in the money market to provide a hedge.
a. a forward contract
b. a foreign bank account
c. a liability
d. an asset
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