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!
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PGT Co
7y ago#1We 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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