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If the European subsidiary of a U.S. firm has net exposed assets of 750,000, and the euro drops in value from $1.30/euro to $1.20/ the
- If the European subsidiary of a U.S. firm has net exposed assets of 750,000, and the euro drops in value from $1.30/euro to $1.20/ the U.S. firm has a translation:
- A. gain of $75,000.
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- B. loss of $75,000.
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- C. gain of $625,000.
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- D. loss of 576,923.
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Calculus Early Transcendentals
Authors: James Stewart
7th edition
978-0538497909
