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you just need to answer the third question transaction and Operating Exposure to Currency Risk: (i.) Please define transaction and operating exposures to currency risk.

you just need to answer the third question

transaction and Operating Exposure to Currency Risk: (i.) Please define transaction and operating exposures to currency risk. (ii.) What are the differences between a transaction and operating exposure? (such as cost, hedging instrument, and quantification)(iii.) Why are these differences important in determining how corporations manage currency risk?

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