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3.] Ili'ifhat are the major reasons MNC may need to forecast exchange rates? I By forecasting exchange rates MNC's can estimate the effect exchange rates

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3.] Ili'ifhat are the major reasons MNC may need to forecast exchange rates? I By forecasting exchange rates MNC's can estimate the effect exchange rates have on cash flows. Forecasting helps in choosing hedging technique, shortterm financing, short term investment, capital budgeting, iongterrn financing, and earning assessment

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