A forward exchange contract would be appropriate (or a company that
A . is due to receive a payment denominated in foreign currency today
B . is due to receive a large payment denominated in foreign currency in five months’ time
C . is worried that its products are becoming less competitive due to a general appreciation of the domestic currency over lime
D . is expected to pay a substantial amount denominated in national currency to a foreign creditor m six months’ time
Answer: A