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Washington Co. and Vermont Co, have no domestic business. They have a similar dollar equivalent amount of international exporting business. Washington Co. exports all of

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Washington Co. and Vermont Co, have no domestic business. They have a similar dollar equivalent amount of international exporting business. Washington Co. exports all of its products to Canada, Vermont Co. exports its products to poland and Mexico. with about half of its business in each of these two countries. Each firm receives the currency of the country where it sends its exports. You obtain the end-of-month spot exchange rates of the currencies mentioned above during the end of each of the last 6 months. You want to assess the data in a logical manner to dotormine which firm has a higher degree of exchanoe rate risk. Complete the table below and make your conclusion. (Wint: The percentape change in the portfollo of currencies is o weighted averpge of thie percentipe change in each curtency in the portfolio.) Do not round intermediate calculations. Round vour answers for standard devation to four decimal places and for maximum expected loss to two decimal places. has a higher degree of exchange rate risk

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