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Question
A lead strategy involves:
A. delaying foreign currency payables when a currency is expected to appreciate.
B. delaying foreign currency payables when a currency is expected to depreciate.
C. attempting to collect foreign currency receivables early when a foreign currency is expected to appreciate.
D. attempting to collect foreign currency receivables early when a foreign currency is expected to depreciate.
E. delaying the collection of foreign currency receivables when a foreign currency is expected to appreciate.
Answer
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