Assume you are an American exporter and expect to receive 50 pounds sterling at

Question

Assume you are an American exporter and expect to receive 50 pounds sterling at the end of 60 days. You can remove the risk of loss due to a devaluation of the pound sterling by? Buying sterling now and selling it at the end of 60 days Keeping the sterling in Britain after it is delivered to you Selling the dollar equivalent in the forward market for 60-day delivery Selling sterling in the forward market for 60-day delivery Assume you are an American exporter and expect to receive 50 pounds sterling at the end of 60 days. You can remove the risk of loss due to a devaluation of the pound sterling by? Buying sterling now and selling it at the end of 60 days Keeping the sterling in Britain after it is delivered to you Selling the dollar equivalent in the forward market for 60-day delivery Selling sterling in the forward market for 60-day delivery Buying sterling now and selling it at the end of 60 days Keeping the sterling in Britain after it is delivered to you Selling the dollar equivalent in the forward market for 60-day delivery Selling sterling in the forward market for 60-day delivery Buying sterling now and selling it at the end of 60 days

Explanation / Answer

Selling sterling in the forward market for 60-day delivery

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