The basic approach to the use of currency futures is to


The basic approach to the use of currency futures is to hedge the foreign currency value of the foreign asset. To accomplish this, managers would

A) sell short currencies in the amount of an asset’s value.

B) buy long currencies in the amount of an asset’s value.

C) sell short currencies regardless of the amount of an asset’s value.

D) buy long currencies regardless of the amount of an asset’s value.

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Financial Management: The basic approach to the use of currency futures is to
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