Solved: What kind of forward contract would you want to enter, Finance Basics

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What kind of forward contract would you want to enter

Question:

Suppose that your company will be receiving 30 million euros six months from now and the euro is currently selling for 1 euro per dollar. If you want to hedge the foreign exchange risk in this payment, what kind of forward contract would you want to enter into?

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Finance Basics: What kind of forward contract would you want to enter

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Finance Basics: What kind of forward contract would you want to enter

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