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Changes in the spot rates can: a. affect a firm's present value of future cash flows, posing economic risk. b. impose translation risk on a
Changes in the spot rates can:
a. affect a firm's present value of future cash flows, posing economic risk.
b. impose translation risk on a firm.
c. impose accounting risk on a firm.
d. affect the value of a company's future cash transactions, posing transaction risk.
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