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If the European Subsidiary of a US firm has net exposed assets of 750,000, and euro drops in value from $1.30/ to $1.20/ the US
If the European Subsidiary of a US firm has net exposed assets of 750,000, and euro drops in value from $1.30/ to $1.20/ the US firm has a translation: A: gain of $75,000 B: loss of $75,000 C: gain of $65,000 D: loss of 546.923
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