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A firm without any exposure to foreign exchange rates would likely increase this exposure the most by: borrowing domestically. borrowing a portfolio of foreign currencies
- A firm without any exposure to foreign exchange rates would likely increase this exposure the most by:
- borrowing domestically.
- borrowing a portfolio of foreign currencies that are not highly correlated.
- borrowing a portfolio of foreign currencies that are highly correlated.
- borrowing two foreign currencies that are negatively correlated.
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International Economics
Authors: Robert Carbaugh
18th Edition
0357518918, 978-0357518915
