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    Exam 13: Managing Foreign Exchange Risk
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    A ____________ Gives the Right to Buy Australian Dollars in Exchange
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A ____________ Gives the Right to Buy Australian Dollars in Exchange

Question 60

Question 60

Multiple Choice

A ____________ gives the right to buy Australian dollars in exchange for US dollars at a specified exchange rate.


A) call option
B) put option
C) collar
D) forward AUD

Correct Answer:

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