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Business, 12.01.2021 17:50 luvme68297

Parco, Inc., a U. S. entity, has a 100% owned subsidiary, Subco, Inc., located in the country of Eastlaco. In which one of the following arrangements would there be no foreign currency exchange risk associated with borrowing by either Parco or its subsidiary, Subco, prior to consolidation? A. Parco borrows in the currency of Eastlaco.
B. Subco borrows in the U. S. dollar.
C. Subco borrows in the currency of Eastlaco.
D. Parco borrows in the currency of a third country.

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