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    International Financial Management
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    Exam 1: Multinational Financial Management: an Overview
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    Although MNCs May Need to Convert Currencies Occasionally, They Do
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Although MNCs May Need to Convert Currencies Occasionally, They Do

Question 71

Question 71

True/False

Although MNCs may need to convert currencies occasionally, they do not face any exchange rate risk, as exchange rates are stable over time.

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