2 The following website provides exchange rate movements against the US dollar over recent months: https://www.federalreserve.gov/data.htm. Based

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2 The following website provides exchange rate movements against the US dollar over recent months:

https://www.federalreserve.gov/data.htm. Based on the exposure of the MNC you assessed in question (1), determine whether the exchange rate movements of whatever currency (or currencies) it is exposed to moved in a favourable or unfavourable direction over the last few months.

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International Financial Management

ISBN: 9780170449014

2nd Edition

Authors: Dr Jeff Madura, Prof Ariful Hoque,Prof Chandrasekhar Krishnamurti

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