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3 Cards in this Set

  • Front
  • Back
operating exposure
measures any change in the present value of a firm resulting from changes in future operating cash flows caused by any unexpected change in exchange rates.
operating exposure analysis
assesses the impact of changing exchange rates on a firms own operations over coming months and years and on its competitive position vs other firms.
what is the goal of operating exposure
to ID strategic moves or operating techniques the firm might wish to adopt to enhance its value in the face of unexpected exchange rates