Question: Changes in exchange rates do not affect foreign stock returns affect all foreign stocks returns equally and by the same amount affect USD-denominated foreign stock

 Changes in exchange rates do not affect foreign stock returns affect

Changes in exchange rates do not affect foreign stock returns affect all foreign stocks returns equally and by the same amount affect USD-denominated foreign stock returns, but this risk can be hedged affect USD-denominated foreign stock returns and this risk cannot be hedgec

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