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PLEASE ANSWER WITH THE CHART FILLED IN Washington C0, and Vermont C0, have no domestic business. They have a similar dollar equivalent amount of international
PLEASE ANSWER WITH THE CHART FILLED IN
Washington C0, and Vermont C0, have no domestic business. They have a similar dollar equivalent amount of international exporting businest. Washington Co, exports all of its products to Canads. Vermont Co. exports its products to Poland and Mexico, with about half of its business in each of thece tao countries, Fach firm receives the currency of the country where it sends its exports. You obtain the end-of-month spot exchange rates of the currencies mentioned above during the end of each of the last 6 months. You want to assess the data in a logical manner to determine which firm has a higher degree of exchange rate risk, Complete the toble below and muke your conclusion. (Hint: The percentage change in the portfolo of currencies is a weighted average of the percentage change in each currency in the portfollo.) Do not reund intermedate calculatiens. Round your answers for standard devation to four decimal places and for muximum expected loss to two decimat ptaces: ias a higher degree of exchange rate nisk Step by Step Solution
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