When Exchange Rates Change

question 27

Multiple Choice

When exchange rates change

• A)the value of a foreign subsidiary's foreign currency denominated assets and liabilities change to new numbers still denominated in the foreign currency.
• B)the value of a foreign subsidiary's foreign currency denominated assets and liabilities change when redenominated into the home currency.
• C)hedging should be done after the change.
• D)none of the above