when a perfect hedge is not available to eliminate transaction exposure, the firm may consider methods to at least reduce exposure, such as: (lo 9.4), is the true statement.
What is transaction exposure?
The degree of risk that businesses engaged in international trade must control is known as transaction exposure. It is specifically the possibility that exchange rates will change after a corporation has committed financial resources.
the risk connected to exchange rate variations associated with consolidating financial statements as well as the risk related to exchange rate fluctuations that have an impact on cash flow movement in the company's day-to-day operations.
Thus, it is the true statement.
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