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Determining the dollar exchange rate

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Reference no: EM131105431

The Edmonton Oilers (Canada) of the National Hockey League are two-time defending Stanley Cup champions. (The Stanley Cup playoff is hockey's equivalent of football's Super Bowl or baseball's World Series.) As is true of all NHL teams, most of the Oilers' players are Canadian. How are the Oilers affected by changes in the Canadian dollar/U.S. dollar exchange rate?

Reference no: EM131105431

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