Would you try to negotiate a spot currency rate or a, Financial Management

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Would you try to negotiate a spot currency rate or a

You work for a U.S. company, and have been asked to set up a contract with a supplier in England. You anticipate about $1M in transactions over a 12 month period. Would you try to negotiate a spot currency rate or a forward currency rate? If the latter, what maturity date would you use? Please provide justification for your selection (Brexit references encouraged).

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