Question: Question 29 (1 point) An MNC uses a forward contract to hedge its translation exposure. If the foreign currency appreciates, this will result in a

Question 29 (1 point) An MNC uses a forward contract to hedge its translation exposure. If the foreign currency appreciates, this will result in a ________ and a 1) translation gain; transaction gain 2) translation loss; transaction loss 3) translation loss; transaction gain 4) translation gain; transaction loss

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