Solved: Explain the three different types of exchange rates, Financial Management

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Explain the three different types of exchange rates

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• Explain the three different types of exchange rates ---spot exchange, forward exchange and find the three exchange rates for Israeli Shekels and explain what you find.

• What does it mean for a firm to retain its currency-fluctuation risk in a transaction?

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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