What is currency risk critically discuss different hedging, Risk Management

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What is currency risk critically discuss different hedging

Questions -

1) What is currency risk? Critically discuss different hedging techniques that can be used to manage currency risk. Use examples to support your discussion.

2) "Financial hedging is a substitute for long-term operational hedging." Critically discuss.

3) Drawing on literature, critically discuss whether financial hedging and/or operational hedging will increase firm value.

Word Length: 2000 words.

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Risk Management: What is currency risk critically discuss different hedging

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Risk Management: What is currency risk critically discuss different hedging

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