Final answer:
Nonfinancial companies use different methods to manage currency risk, such as spot transactions, currency swaps, forward transactions, and invoicing in their own currencies.
Explanation:
Nonfinancial companies cope with currency risk through various strategies, including participating in spot transactions, conducting currency swaps, participating in forward transactions, and invoicing in their own currencies. For example, participating in spot transactions involves immediate exchange at the current rate to mitigate risk.
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