15. Which one of these statements is correct?
(A) Borrowing money in the country in which operations are located reduces long-run exchange rate risk.
(B)In multidivisional firms, exchange rate risk should be managed at the division level.
(C) Unexpected changes in economic conditions are classified as short-run exposure to exchange rate risk.
(D) The usage of forward rates can help reduce the long-run exposure to exchange rate risk.
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