Macomb Corporation is a U.S. firm that invoices some of its exports in Japanese yen. If it expects the yen to weaken, it could _______ to hedge the exchange rate risk on those exports.
sell yen put options
buy yen call options
buy futures contracts on yen
sell with futures contracts on yen
The firm exports to Japan, and receives japanese yen. So the firm wants some ...
In a couple of sentences, the response explains the concept and the answer.