The current exchange rate cadusd is 075 a trader expects to, Finance Basics

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The current exchange rate cadusd is 075 a trader expects to

Question: The current exchange rate CAD/USD is $0.75. A trader expects to receive one million USD three months and would like to convert the money into Canadian dollar. What option strategies can be used to lock in an exchange rate between $0.7 USD/CAD and $0.8 USD/CAD?

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Finance Basics: The current exchange rate cadusd is 075 a trader expects to

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