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    Principles of Managerial Finance
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    Exam 12: Risk and Refinements in Capital Budgeting
  5. Question
    Exchange Rate Risk Is the The Risk That an Unexpected
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Exchange Rate Risk Is the The Risk That an Unexpected

Question 62

Question 62

True/False

Exchange rate risk is the the risk that an unexpected change in exchange rates will reduce the market value of a project's cash flows.

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