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Question 10 of 21: If you are a US company and have made a purchase denominated in a foreign currency, if that foreign currency strengthens

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Question 10 of 21: If you are a US company and have made a purchase denominated in a foreign currency, if that foreign currency strengthens relative to the U.S. dollar prior to your having to pay, what will you experience? Select an answer: not enough information to be able to tell 4 a foreign currency loss a foreign currency gain no gain or loss because the transaction was denominated in US dollars

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