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Value of the franc decrease

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Reference no: EM131250091

You are an arbitrageur in London. Swiss francs are currently selling in London for U.S. $0.67. You anticipate they will be selling for U.S. $0.70 in 30 days. You purchase $1 million worth of francs on the spot market. What you can do to hedge your bet. Analyze steps you will take to avoid losing all your money should the value of the franc decrease.

Reference no: EM131250091

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