Question: Note that the pounds in the currency Pounds Sterling is not the same as the weight, pounds, by which copper can be measured.
At a minimum:
Please specify exactly which contracts (month of expiration) should be used to hedge the firm's exposure in the currency and copper markets.
How many contracts?
How much cash will it require to establish the hedges?
Should the hedges be long or short?
Attachment:- Assignment File.rar