The following table shows a breakdown of sales and costs for four Swiss companies. Swatch produces watches;

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The following table shows a breakdown of sales and costs for four Swiss companies. Swatch produces watches; Lindt & Sprüngli, chocolate; Nestlé, food; and Roche, pharmaceuticals. Discuss the currency exposure that comes from each of their operations. Which company do you think would be most affected by an increase in the value of the dollar? What about an increase in the value of the euro?
The following table shows a breakdown of sales and costs
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Fundamentals of Corporate Finance

ISBN: 978-0078034640

7th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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