The company you work for is set to pay 10000000 euros at


The company you work for is set to pay 10,000,000 Euros at the end of 2016. Your boss puts you in charge of hedging the price risk of these Euros.

Do you buy or sell Euro futures?

How many?

Which futures (what maturity)?

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Financial Management: The company you work for is set to pay 10000000 euros at
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