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boland boland
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7 years ago
If a European subsidiary of a U.S. firm has net exposed liabilities of euro 500,000, and the euro drops in value from $1.40/euro to $1.30/euro then the U.S. firm has a translation
A) gain of $450,000.
B) loss of euro 450,000.
C) loss of $50,000.
D) gain of $50,000.
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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7 years ago
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boland Author
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#2
7 years ago
You're amazing, seriously
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#3
7 years ago
Happy to help Smiling Face with Open Mouth
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