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The most common example of transaction exposure arises when a firm _____________. -has a receivable or payable denominated in a foreign currency -sells bonds that

The most common example of transaction exposure arises when a firm _____________.

-has a receivable or payable denominated in a foreign currency

-sells bonds that are denominated in foreign currencies

-borrows funds when the repayment is to be made in a foreign currency

-is a party to an unperformed foreign exchange forward contract

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