The direct quote versus the dollar in Ireland (which uses the euro) is 4.35. In New York, the indirect quote with the Sw

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answerhappygod
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The direct quote versus the dollar in Ireland (which uses the euro) is 4.35. In New York, the indirect quote with the Sw

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The direct quote versus the dollar in Ireland (which uses theeuro) is 4.35. In New York, the indirect quote with the Swiss francis 3.73. What is the euro/Swiss franc rate?
16.22
0.8575
0.062
1.166
A U.S. firm started working on a contract in January andfinished it in March. During the three months the exchange ratewent from $1.50/euro to $1.55/euro. The firm has had
depreciation exposure
economic exposure
translation exposure
transaction exposure
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