Examlex
Assuming no transaction costs (i.e., hedging is "free") , hedging currency exposures should ________ the variability of expected cash flows to a firm and at the same time, the expected value of the cash flows should ________.
Perceptual Defence
A psychological concept where an individual subconsciously resists recognizing or accepting information that conflicts with their personal beliefs or expectations.
Implicit Personality Theory
The assumptions or biases that people naturally make about the characteristics and traits of others based on limited observations.
Primacy
The principle that items or information presented first in a list or sequence are more likely to be remembered or given importance.
Recency Effect
The tendency for a perceiver to rely on recent cues or last impressions.
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