4. Assume that Brico borrowed 100,000 FC on March 1, 2015, as a hedge against its investment in the subsidiary. Determine how much of the parent’s interest in the current-year translation adjustment...

4. Assume that Brico borrowed 100,000 FC on March 1, 2015, as a hedge against its investment in the subsidiary. Determine how much of the parent’s interest in the current-year translation adjustment could have been offset by this hedge assuming that the loan remains unpaid as of year-end 2015. Relevant exchange rates are as follows: