According to a Survey by Bank of America, the Type

question 17

Multiple Choice

According to a survey by Bank of America, the type of foreign exchange risk most often hedged by firms is:

• A) translation exposure.
• B) transaction exposure.
• C) contingent exposure.
• D) economic exposure.

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Definitions:

Purpose

The objective or intended outcome that an organization or plan is meant to achieve.

In-process Research and Development

The value of research and development efforts acquired through an acquisition that have not yet reached commercial viability.

Business Combination

A transaction or event in which an acquirer obtains control of one or more businesses.

Acquisition

Acquiring management of a different company through the acquisition of its stocks or possessions.