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A few hours after ABC Agricultural Products received the offer for its Canadian subsidiary, several events occurred that make the company believe that the Canadian
A few hours after ABC Agricultural Products received the offer for its Canadian subsidiary, several events occurred that make the company believe that the Canadian dollar will weaken substantially in the future. Will the likely depreciation of the Canadian dollar increase, decrease, or have no impact on the likelihood that ABC Agricultural Products will accept the offer and sell its subsidiary for $50 million? Briefly explain.
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