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Examen
—Currency Derivatives
Chapter 5—Currency Derivatives 1. Kalons, Inc. is a U.S.-based MNC that frequently imports raw materials from Canada. Kalons is typically invoiced for these goods in Canadian dollars and is concerned that the Canadian dollar will appreciate in the near future. Which of the following is not an appropriate hedging technique under these circumstances? c. purchase Canadian dollar put options. 2. Graylon, Inc., based in Washington, exports products to a German firm and will receive payment of €20...