Accounting Exporters Co is concerned that the cash received from overseas sales will not be as expected
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Question:
Accounting Exporters Co is concerned that the cash received from overseas sales will not be as expected due to exchange rate movements. What type of risk is this?
A. Translation risk'
B. Economic risk
C. Credit risk
D. transaction risk
Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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