Business, 13.05.2021 20:40 HelenKellerwasaSlutt
Consider Franco Co, the parent of a US-based multinational corporation (MNC) that uses forecasted exchange rates to assist with various business functions.
Suppose that Franco Co. is deciding whether to invest funds in a substantial project that is located in Canada. Franco Co uses forecasted values of the Canadian dollar to help them decide whether investing in such a project would be profitable.
This is an example of using exchange rate forecasting to assist with value of the MNC via influencing the
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