Ge bids on contract on january 1 but will not know until


Question: GE bids on contract on January 1 but will not know until April 1 if its bids is accepted, making a E10 million receivable on December 31 uncertain. Explain the exchange rate risk and how you could hedge the risk. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Ge bids on contract on january 1 but will not know until
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