Question: True/False. Explain (8 points). You must carefully explain your answer (there is not credit for only a True or False answer without an explanation) (4

 True/False. Explain (8 points). You must carefully explain your answer (there

True/False. Explain (8 points). You must carefully explain your answer (there is not credit for only a True or False answer without an explanation) (4 points) In an efficient market, two securities can have different reward-to-risk. (4 points) Transaction (or short-run exposure) looks at the effect of exchange rate changes on a firm in terms of accounting data True/False. Explain (8 points). You must carefully explain your answer (there is not credit for only a True or False answer without an explanation) (4 points) In an efficient market, two securities can have different reward-to-risk. (4 points) Transaction (or short-run exposure) looks at the effect of exchange rate changes on a firm in terms of accounting data

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