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Procter and Gamble Lost $157 Million Doing What

Question 53

Multiple Choice

Procter and Gamble lost $157 million doing what?


A) speculating on a worldwide recession
B) failure to hedge their borrowing cost on a bond issue
C) speculating on foreign interest and exchange rates
D) speculating on a decrease in the federal budget deficit
E) mismanagement of a hedge fund in their pension fund

Correct Answer:

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