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Financial Decision Making
?
A U.S. company has an account payable it must pay in six months with one Japanese
company, and an account receivable to be received in six months with another Japanese
company. The U.S. company would not have transaction exposure if
both the account payable and account receivable are denominated in U.S. dollars.
both the account payable and the account receivable are denominated in Japanese Yen
and the Yen account receivable is greater than the Yen account payable.
both the account payable and the account receivable are denominated in Japanese Yen
and the Yen account receivable is less than the Yen account payable.
the account payable is denominated in dollars and the account receivable is
denominated in Yen.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
A
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