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ORIGINAL ANSWER ONLY! Kopetsky Co. has net receivables in several currencies that are highly correlated with each other. What does this imply about the firm's

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Kopetsky Co. has net receivables in several currencies that are highly correlated with each other. What does this imply about the firm's overall degree of transaction exposure? Are currency correlations perfectly stable over time? What does your answer imply about Kopetsky Co. or any other firm using past data on correlations as an indicator for the future

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