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boland boland
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7 years ago
Transaction exposure and operating exposure exist because of unexpected changes in future cash flows. The difference between the two is that ________ exposure deals with cash flows already contracted for, while ________ exposure deals with future cash flows that might change because of changes in exchange rates.
A) operating; transaction
B) operating; accounting
C) transaction; operating
D) none of the above
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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