Find the new turbine is installed and ready for use

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Reference no: EM132601875

Background

H operates and maintains a number of power stations and dams throughout the State of Tasmania. A lot of the specialised parts that are required to maintain or refurbish this plant and equipment come from overseas countries.

In order to minimise fluctuations in the exchange rates, H enters into hedge contracts.

Problem 1: Prepare required entry, if n/a.

The new turbine is installed and ready for use at a HT location on 30 April, the exchange rate on 30 April is 0.6.

Reference no: EM132601875

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