A Canadian company has a foreign currency-denominated liability. What will occur if the company does...
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Accounting
A Canadian company has a foreign currency-denominated liability. What will occur if the company does not establish a hedge and the foreign currency weakens relative to the Canadian dollar?
a. There is insufficient information provided to determine whether there would be any effect.
B. There would be no effect.
C. loss would occur.
d. A gain would occur.
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