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Shera Corporation has extensive liabilities denominated in pounds resulting from imports from UK. However, Shera's revenues are denominated solely in U.S. dollars. Which of the
Shera Corporation has extensive liabilities denominated in pounds resulting from imports from UK. However, Shera's revenues are denominated solely in U.S. dollars. Which of the following is probably not true?
Shera has at least some transaction exposure. |
All of the above are true. |
Shera has at least some translation exposure. |
Shera would benefit from a depreciation of the British pound. |
Shera has at least some economic exposure. |
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