Solved

A US Company Has an AUD 1 Million Receivable in Two

Question 65

Multiple Choice

A US company has an AUD 1 million receivable in two months.How can the US company hedge the foreign currency receivable? It could:


A) buy AUD in the spot market.
B) sell AUD in the forward market.
C) sell USD in the spot market.
D) buy USD in the forward market.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions