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We fear a revaluation of the currency of our affiliate the Japanese Yen. 1) Explicate how we should hedge our translation exposure through a balance

We fear a revaluation of the currency of our affiliate the Japanese Yen.

1) Explicate how we should hedge our translation exposure through a balance sheet or forward hedge.

2) Discuss the implications of our hedging actions.

Please answer in at least 500 words

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