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Business, 16.04.2020 03:41 Amitp8799

If the European subsidiary of a U. S. firm has net exposed assets of euro200,000, and the euro increases in value from $1.22/euro to $1.26/euro the U. S. firm has a translation: A. loss of $8,000. B. gain of $8,000. C. loss of euro252,000. D. gain of $252,000.

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