Kizspy | Question: 43
(Choose 1 answer)
When exchange rates change
A. the value of a foreign subsidiary's foreign currency denominated assets and liabilities change to new numbers still denominated in the foreign currency
B. the value of a foreign subsidiary's foreign currency denominated assets and liabilities change when redenominated into the home currency.
C. hedging should be done after the change.
D. none of the options