Gold coast hotel company has both revenues and costs set in, Ask an Expert

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Gold Coast hotel company has both revenues and costs set in Australia dollars, but still finds that it's profits fluctuate with the value of the Australian dollar. It thinks that this has something to do with its high number of international guests. Does the company have an exposure to (will be hurt by) an appreciation or depreciation of the Australia dollar relative to other currencies? What could the company do to offset this exposure?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92716734

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