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a) Explain Exchange Rate Risk? b) Explain the 3 components of Exchange Rate Risk? c) In market participants in a foreign exchange market has three

a) Explain Exchange Rate Risk? b) Explain the 3 components of Exchange Rate Risk? c) In market participants in a foreign exchange market has three groups based on their motives for foreign exchange trading: i) Arbitrageurs ii) Hedgers iii) Speculators Explain the three groups in detail and give examples?

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