Refer to Instruction 10.1. CVT would be ________ by an amount equal to ________ with a forward hedge than if they had NOT hedged and their predicted exchange rate for 6 months had been correct

A) better off; $150,000
B) better off; €150,000
C) worse off; $150,000
D) worse off; €150,000


Answer: A

Business

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What will be an ideal response?

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