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CTP · Question #302
CTP Question #302: Real Exam Question with Answer & Explanation
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Question
- (Topic 4) The Treasurer for XYZ Manufacturing, Inc. recently exchanged a portion of its euro holdings into U.S. dollars to purchase gas futures contracts. This was done in anticipation of an assumed rise in gas prices due to the continued weakening of the U.S. dollar. Which of the following types of risk is being mitigated?
Options
- ASovereign
- BOperational
- CCommodity price
- DForeign exchange
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