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Limiting a company transactional exposure

Task: Can someone help me out with two questions that I am struggling with comprehending. Can you provide in layman's term:

1) How does hedging help in limiting a company's transactional exposure?

2) How does a currency swap help in limiting transactional exposure?

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Finance Basics: Limiting a company transactional exposure

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Finance Basics: Limiting a company transactional exposure

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