What difference between operating and translation exposure


Problem

What do you see as the primary difference between operating exposure and translation exposure?

Would this have the same meaning to a private firm as a publicly traded firm? Why or why not?

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

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Corporate Finance: What difference between operating and translation exposure
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