Washington Co. and Vermont Co. have no domestic business. They have a similar dollar equivalent amount of
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You want to assess the data in a logical manner to determine which firm has a higher degree of exchange rate risk. Show your work and write yourconclusion.
Exchange RateThe value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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