International FinancialManagement 4国际财务管理课件.pptVIP

* Translation Exposure An MNC’s degree of translation exposure is dependent on: the proportion of its business conducted by its foreign subsidiaries, The locations of its foreign subsidiaries, and the accounting method that it uses. * Questions and Applications 1. Your employer, a large MNC, has asked you to assess its transaction exposure. Its projected cash flows are as follows for the next year: Currency Total inflow Total outflow Current Exchange Rate in U.S. Dollars Danish (DK) 50,000,000 40,000