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15 Assuming no transaction costs, hedging currency exposures should _________ the variability of expected cash flows to a firm and at the same time the

15 Assuming no transaction costs, hedging currency exposures should _________ the variability of expected cash flows to a firm and at the same time the expected value of the firm's cash flows should at least _________

  1. not change; not change
  2. decrease; not change
  3. not change; decrease
  4. increase; not change

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