HEDGING FOREIGN EXCHANGE RISK IS _____. A. DIFFICULT, BECAUSE THE...

151. - BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
151. Hedging foreign exchange risk is _____. a. Difficult, because the equity value of a firm is affected by nominal exchange rate risk b. Impossible, because the equity value of a firm must be discounted a finite period of times c. Difficult, because the equity value of a firm depends on the indefinite future d. Impossible, because the equity value of a firm is derived from current and past cash flows only