If a company has a YEN 1 000 000 account receivable in three months and it expects the AUD to depreciate by the time of payment,a reasonable strategy would be to:
A) lead the payment cash flow.
B) borrow the present value of YEN 1 000 000 and do a money market hedge in the Australian market.
C) enter into a forward exchange contract to sell YEN in three months' time.
D) lag the payment cash flow.

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The Answer of If a company has a YEN 1 000 000 account receivable in three months and it expects the AUD to depreciate by the time of payment,a reasonable strategy would be to:
A) lead the payment cash flow.
B) borrow the present value of YEN 1 000 000 and do a money market hedge in the Australian market.
C) enter into a forward exchange contract to sell YEN in three months' time.
D) lag the payment cash flow.

If a Company Has a YEN 1 000 000 Account