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5.8) Exporters and importers who invoice in foreign currency face transaction risk. Which two statements in this regard are true? A If the exchange rate

5.8) Exporters and importers who invoice in foreign currency face transaction risk. Which two statements in this regard are true? A If the exchange rate does not change between t0 and t1, neither importer nor exporter have loss-es or gains. B The EUR long position is downward sloped in the EUR/USD notation. C A European exporter has a EUR short position and incurs losses if EUR depreciates. D A European importer has a EUR call position and incurs losses if the EUR appreciates. E In currency trading, two currencies are exchanged against each other. Therefore, in a EUR/USD trade a EUR long call option is also a USD long put option. F A European importer has a EUR short position and incurs losses if the EUR/USD exchange rate increases.

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