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boland boland
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7 years ago
If the European subsidiary of a U.S. firm has net exposed assets of euro 500,000, and the euro increases in value from $1.30/euro to $1.35/euro the U.S. firm has a translation
A) gain of $525,000.
B) gain of $25,000.
C) loss of euro 525,000.
D) loss of $25,000.
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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boland Author
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7 years ago
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You're welcome Wink Face
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