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Which of the following is not true regarding translation exposure? a. Since earnings can affect stock prices, many MNCs are concerned about translation exposure b.
Which of the following is not true regarding translation exposure? a. Since earnings can affect stock prices, many MNCs are concerned about translation exposure b. Since translation of financial statements does not affect an MNC's cash flows, some analysts suggest that translation exposure is not relevant. c. Translation exposure will not affect cash flows, even if earnings are remitted to the parent. d. All of these choices are true
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