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Managing a consulting company catering to foreign clients

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Reference no: EM132482737

You are managing a consulting company catering to foreign clients, and you expect to be paid 150,000 Canadian dollars by a Canadian client in six months' time. If you do not want to run the risk that the Canadian dollar will weaken between now and then relative to the US dollar, what kind of transaction should you undertake now to hedge your currency risk?

Reference no: EM132482737

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