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  3. Study Set
    Advanced Accounting
  4. Exam
    Exam 7: Accounting for Foreign Currency
  5. Question
    Companies Sometimes Purchase Derivative Financial Instruments to Speculate on Future
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Companies Sometimes Purchase Derivative Financial Instruments to Speculate on Future

Question 30

Question 30

True/False

Companies sometimes purchase derivative financial instruments to speculate on future foreign currency movements or to protect themselves from future fluctuations in currency rates.

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