Answer Happy

Assume an Australian company receives an invoice of its imports
from Germany in euro. Assume that the forward rate and spot rate of
the Australian dollars are equal. If the Australian company expects
the euro to _________ against the Australian dollar, it would
likely wish to hedge. It could hedge by _______ euro forward.
Select one:
a.
appreciate; buying
b.
depreciate; buying
c.
depreciate; selling
d.
appreciate; selling