In your own words, distinguish between two proactive methods of man...

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In your own words, distinguish between two proactive methods of managing operating exposure, back-to-back parallel loans versus cross-currency swaps.

Your response should be at least 200 words in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

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Cross-currency swaps originated after back-to-back parallel loans. Both these instruments are used to manage the currency risk which stems from exchange rate fluctuations. Under back-to-back parallel...

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