Question
a. Suppose you are the manager of a Canadian firm that imports production inputs from the US. Is the US dollar to Canadian dollar exchange
a. Suppose you are the manager of a Canadian firm that imports production inputs from the US. Is the US dollar to Canadian dollar exchange rate relevant to your decision-making? Explain.
b. How would your answer to part (a) be different if your firm exports products to the US?
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
