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5. Securities firms and risk Which of the following actions would lessen the exchange rate risk a securities firm faces? Vertex Bancshares wants to become
5. Securities firms and risk Which of the following actions would lessen the exchange rate risk a securities firm faces? Vertex Bancshares wants to become less of an intermediary and begins taking positions opposite of its customers in transactions. State Holding Financial decides it wants to increase its global presence and creates subsidiaries in Germany, Japan, and Mexico. Republic Citizens Financial decides it wants to decrease its global presence and shuts down subsidiaries in France, England, and Poland. Diamond Bancorp cuts down on its investment portfolio by selling off several types of debt securities, including mortgages, commercial paper, and low-rated corporate bonds
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