Question
Accounting Exporters Co is concerned that the cash received from overseas sales will not be as expected due to exchange rate movements. What type of
Accounting Exporters Co is concerned that the cash received from overseas sales will not be as expected due to exchange rate movements. What type of risk is this?
A. Translation risk'
B. Economic risk
C. Credit risk
D. transaction risk
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
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