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Economic exposure refers to the possibility that O a. the dollar value of a U.S. multinational's balance sheet equity may change when the results of

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Economic exposure refers to the possibility that O a. the dollar value of a U.S. multinational's balance sheet equity may change when the results of foreign subsidiaries are consolidated into dollars. O b. the dollar value of a U.S. importer's accounts payable denominated in French francs may change prior to currency conversion. O c. the long-term net present value of a firm's expected cash flows will change due to unexpected changes in exchange rates. O d. None of the given choices is correct

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