What Does It Mean to Have Redenominated an Asset in Terms

question 86

Multiple Choice

What does it mean to have redenominated an asset in terms of the dollar?

• A)You have undertaken a hedging strategy that gives the asset a constant dollar value.
• B)Multiply the foreign currency value of the asset by the spot exchange rate.
• C)You have undertaken accounting changes to eliminate translation exposure.
• D)none of the options

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Definitions:

Instrumental Conditioning

A learning process through which the strength of a behavior is modified by the behavior's consequences, such as reward or punishment.

Instinctive Drift

The inclination of an animal to return to innate behaviors that disrupt a learned response.

Sensory Adaptation

The adaptation process of sensory receptors becoming duller in response to stimuli that stays the same over time.

Stimulus Generalization

The process by which a response originally elicited by a specific stimulus is elicited by similar stimuli.