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8. ABC Diz Co. is a U.S.-based MNC with net cash inflows of 2 currencies: British Pound and the Singapore Dollar. Both currencies move in

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8. ABC Diz Co. is a U.S.-based MNC with net cash inflows of 2 currencies: British Pound and the Singapore Dollar. Both currencies move in same direction against the dollar. XYZ Yanta Co. is a also a U.S.-based MNC that has the same level of net cash flows in both BP and Singapore dollar except that it has net cash outflows in BP. Which firm has a higher exposure to exchange rate risk? a. ABC Co. b. XYZ Co. C. Both ABC and XYZ have same level of exposure. d. There isn't enough information to answer the

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