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Recently, Apple Inc has taken several large, balance sheet write-downs due to its growing foreign exchange exposure in other countries. You have been asked by

Recently, Apple Inc has taken several large, balance sheet write-downs due to its growing foreign exchange exposure in other countries. You have been asked by the CEO to give a presentation to the Board of Directors on ways the company can manage the risk associated with Translation Exposure. Please be sure you touch on the specific translation method Apple uses (choose any method from Chapter 10; pages 261-264) and the specific management techniques (pages 271-274) you would recommend and why.

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