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FIN 370 Week 5 DQ 2

FIN 370 Week 5 DQ 2

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FIN 370 Week 5 DQ 2

What is meant by foreign exchange risk? What specific problems does foreign exchange present in an organization? How could an organization needing Euros in six months protect itself from currency fluctuations? If a company needs 200 Euros and they are currently worth 1.31 dollars how much will it cost in dollars?

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