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PGT Co

This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.

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December 3, 2018 at 6:25 am #486872
dipatil
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Hi John in question PGT Co (298 BPP revision kit) can you let me know why the 500k doesnt need hedge? Thanks for the clarification!
December 3, 2018 at 7:12 am #486887
John Moffat
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We only need to hedge foreign currencies (because the exchange rate may change).
PGT’s home currency is the $, and the 500,000 is in $’s, and so there is no exchange rate risk.
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