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In the following table, indicate whether each of the statements is an argument for the relevance of exchange rate risk for MNCs, or an argument
In the following table, indicate whether each of the statements is an argument for the relevance of exchange rate risk for MNCs, or an argument against the relevance of exchange rate risk for MNCs. Argument For Relevance Argument Against Relevance Statement Due to incomplete information, investors in MNCs do not have the ability to hedge against exchange rate risk on their own. The adverse effects of exchange rate risk caused by the movements of some currency are offset by the favorable effects of others
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