Elaborate on how jerry can take up an fx futures position

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Question: Jerry will be receiving 62.5 million JPY in a month's time (based in US). Jerry anticipates that JPY will depreciate against USD and hence wants to enter a FX futures contract to hedge against this risk. Elaborate on how Jerry can take up an FX futures position to hedge against FX risk and calculate the hedged and unhedged values

Reference no: EM133368577

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