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What Term Is Used to Describe the Circumstances Under Which

Question 3

Multiple Choice

What term is used to describe the circumstances under which Amazing Corporation is entering the forward contract?


A) Hedge of an unrecognized foreign currency firm commitment
B) Hedge of a recognized foreign-currency-denominated asset
C) Hedge of a forecast foreign-currency-denominated transaction
D) Hedge of net investment in foreign operations

Correct Answer:

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