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One problem is that these contracts require future results and sometimes those obligations go unmet thus leaving both parties at a loss.
"Firms can minimize their foreign exchange exposure through leading and lagging payables and receivables - that is, collecting and paying early or late depending on expected exchange rate movements...
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A lead strategy involves attempting to collect foreign currency receivables early when a foreign currency is expected to depreciate and paying foreign currency payables before they are due when a currency is expected to appreciate. A lag strategy is, quite simply, the reverse of this. Leading and lagging involve accelerating payments from weak-currency to strong-currency countries and delaying inflows from strong-currency to weak-currency countries...
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Many students expand their view of the world during their time in college. Such growth often results from encounters between students who have lived different cultural, economic, or academic experiences. With your future growth in mind, describe a...
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