Some firms may be uncomfortable issuing bonds denominated in foreign currencies because exchange rates are __________ difficult to predict over ________ time horizons.

Name: Some firms may be uncomfortable issuing bonds denominated in foreign currencies because exchange rates are __________ difficult to predict over ________ time horizons.
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Question

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Exchange rates are more difficult to predict over long time horizons, so firms may be uncomfortable issuing bonds denominated in foreign currencies.

Some Firms May Be Uncomfortable Issuing Bonds Denominated in Foreign