Leads and lags in the transfer of funds
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Some firms use "leads" or "lags" to re-time the transfer of funds in international transactions. To benefit from changing exchange rates, firms holding a __________ currency will __________ their payments before the currency drops in value.
Answer choices:
a) hard; lead
b) soft; lag
c) soft; lead
d) hard; lag
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Answers a multiple choice question on leads and lags in the transfer of funds in international transactions.
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Some firms use "leads" or "lags" to re-time the transfer of funds in international transactions. To benefit from changing exchange rates, firms holding a __________ currency will __________ their payments before the currency drops in value.
Answer choices:
a) hard; lead
b) soft; lag
c) soft; lead
d) hard; lag
Answer: ...
Purchase this Solution
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