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Basic Question 0 of 2
Economic exposure relates to:
B. The risk that assets might be expropriated by a foreign government.
C. Exposure to hyperinflation or inflation risk.
A. The extent to which currency fluctuations can alter a company's future operating cash flows.
B. The risk that assets might be expropriated by a foreign government.
C. Exposure to hyperinflation or inflation risk.
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
compare and contrast presentation in (reporting) currency, functional currency, and local currency;
CFA® 2025 Level II Curriculum, Volume 2, Module 12.