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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 cach 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 currendes mentioned above during the end of each of the last 6 monthis. You want to assess the-data in a logical manner to determine which firm has a higher degree of exchange rate risk. Complete the table below and make you condusion. (hint: The percentage change in the portfolio of currencies is a weighted average of the percentage change in each currency in the portioli.j De not round intermediate calculations. Round your answers for standard deviation to four decimal places and for maximum expected loss to two decimal olaces: has a higher degrie of exchange rote risi. Washington Co, and Vermont Co. have no domestic business. They have a simlar dollar equivalent amount of international exporting business. Washington Co. exports afl 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 determine which firm has a higher degree of exchange nate risk. Complete the table below and make your condusion. (Hint: The percentage change in the portfolio of currencies is a weighted average of the percentage change in each currency in the portfolio.) Do not round intermediate calculations, Round your answers for standard deviation 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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