Question: ency Risk Go Back A multinational technology company headquartered in Japan has a subsidiary in Europe. The subsidiary generates annual revenue of 1 0 million.
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A multinational technology company headquartered in Japan has a subsidiary in Europe. The subsidiary generates annual revenue of million. If the exchange rate between the euro EUR and the Japanese yen JPY changes from EUR JPY to EUR JPY what impact would this exchange rate movement have on the subsidiary's revenue in JPY terms?
Increase in revenue
Decrease in revenue
No impact on revenue
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