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When companies are willing to diversify their portfolios internationally and aware of overseas investment opportunities A-they should not bother to read or to understand the

When companies are willing to diversify their portfolios internationally and aware of overseas investment opportunities

A-they should not bother to read or to understand the prospectus, since it's probably written in a foreign language.

B-they should invest only in dollars or euros.

C-they trade one market imperfection, information asymmetry, for another, exchange rate risk.

D-they benefit from an expanded opportunity set.

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