Translation exposure can explain some of the variation in earnings for a particular US-based MNC over time because the reported consolidated earnings are reduced in periods when the currencies of foreign subsidiaries strengthen against the dollar and are boosted in periods when these currencies weaken against the dollar. All the above - reduced -o. Then awar Ce Only a and b is all of above 29. Bay, Inc. is a U.S.-based MNC that frequently imports raw materials from Canada. Bay is typically 2 . invoiced for these goods in Canadian dollars and is concerned that the Canadian dollar will appreciate in the near future. Which of the following is not an appropriate hedging technique under for hologran exponer) these circumstances? (ople Computer a purchase Canadian dollars forward. is an approputon... b purchase Canadian dollar futures contracts Agus ise Purchase Canadian purchase Canadian dollar put options. dollor forward purchase Canadian dollar call options. (A forward put aprop de a appelu a t