Have the students assume the role of CFO of a mid-sized U.S. company that exports to Europe.
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Have the students assume the role of CFO of a mid-sized U.S. company that exports to Europe. The company has received a contract to supply components to a European manufacturer with an agreed-upon sales price of €4 million due in 90 days. Should the CFO do anything to hedge against possible fluctuations in the dollar/euro exchange rate? If so, what? If not, why not?
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As the CFO of a midsized US company exporting to Europe the potential fluctuations in the dollareuro exchange rate can indeed pose a financial risk to ...View the full answer
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Related Book For 
International Business
ISBN: 9780137392322
17th Edition
Authors: John D. Daniels, Lee H. Radebaugh, Daniel P. Sullivan, Reid W. Click
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