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8 Transaction exposure reflects O A. the exposure of a firm's financial statements to exchange rate fluctuations. O B. the exposure of a firm's local

8 Transaction exposure reflects O A. the exposure of a firm's financial statements to exchange rate fluctuations. O B. the exposure of a firm's local currency value to transactions between foreign exchange traders. OC. the exposure of a firm's cash flows to exchange rate fluctuations O D. the exposure of a firm's ongoing international transactions to exchange rate fluctuations

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