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Please do part a and b! Fluctuation in foreign currency exchange rates can result in increased volatility of revenues, expenses, and profits. Companies generally attempt

Please do part a and b!
Fluctuation in foreign currency exchange rates can result in increased volatility of revenues, expenses, and profits. Companies generally attempt to reduce this volatility
a) Identify two possible solutions to reduce the volatility effect for foreign exchange rate fluctuation.
b) What costs would arise if you implemented each of your solutions?

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