A Thai multinational corporation wishes to use futures contracts to hedge its exposure to fluctuations in the U

Finance Apr 27, 2022

A Thai multinational corporation wishes to use futures contracts to hedge its exposure to fluctuations in the U.S. dollar. It has a future receipt of 2 million U.S. dollars in December 2022. 1,000 U.S. dollars underlie one U.S. dollars future contract. The hedge ratio is: a. 1,000 b. 100 c. 2,000 d. 20,000