Explain how back-to-back loans can hedge foreign exchange operating exposure. Would firms have any specific worries about

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Explain how back-to-back loans can hedge foreign exchange operating exposure. Would firms have any specific worries about their partner in a back-to-back loan arrangement?

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Multinational Business Finance

ISBN: 978-0134796550

15th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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