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Which of the following is not a reason why translation exposure may be relevant to an MNC? a. Consolidated earnings are used by many investors
Which of the following is not a reason why translation exposure may be relevant to an MNC?
a. Consolidated earnings are used by many investors to value MNCs.
b. The prevailing exchange rates affect the expected cash flows that result from the future.
c. MNC subsidiaries may want to remit a portion of their earnings to their respective parents now.
d. All of the these choices are reasons why translation exposure may be relevant to an MNC.
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