Multiple Choice
When exchange rates change
A) the value of a foreign subsidiary's foreign currency denominated assets and liabilities change to new numbers still denominated in the foreign currency.
B) the value of a foreign subsidiary's foreign currency denominated assets and liabilities change when redenominated into the home currency.
C) hedging should be done after the change.
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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