Texas Horse and Tackle (THT) Inc. makes riding related products in Texas for sale only...
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Texas Horse and Tackle (THT) Inc. makes riding related products in Texas for sale only in the U.S. They compete with other U.S. firms as well as with a Mexican company. Which of the following is most correct. THT has no foreign exchange exposure. THT should measure their foreign exchange exposure by regressing their stock price against the price of the peso. THT should measure their foreign exchange exposure by regressing the returns on their stock against the returns of the peso. THT should measure their foreign exchange exposure by regressing the returns on their stock against the returns of the peso and the returns of the U.S. market. THT should measure their foreign exchange exposure by regressing the returns on their stock against the returns of the peso and their Mexican competitor's returns. None of the above
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