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10) Suppose you read the following: U.S. multinational companies tend to suffer when the strengthens, because their foreign profits are worth fewer dollars when they

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10) Suppose you read the following: "U.S. multinational companies tend to suffer when the strengthens, because their foreign profits are worth fewer dollars when they bring home carnings." This is an example of the effect(s) a change in currency value can have on a company's cash flows. A) halo B) conversion and competitive C) conversion D) competitive 11) Suppose that the current exchange rate is 1.00 - $2.00. The direct quote, from the US perspective A) $2.00 - 1.00. B) 0.50 - $1.00. C) 1.00 - $0.50. D) none of the options

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