Foreign-Exchange Risk ________

Multiple Choice

Foreign-exchange risk ________.

A) is the risk that a currency's value may change adversely.
B) is an unimportant consideration for all participants in the international financial markets.
C) cannot affect an international investor's return after adjusting for changes in the exchange rate.
D) cannot affect issues denominated in a foreign currency (e.g., in terms of the effective value of the cash payments owed to investors) .