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As a corporate financial manager, which type of exchange rate would you use to make international transactions: spot exchange rate or forward exchange rate? Explain

As a corporate financial manager, which type of exchangerate would you use to make international transactions: spot exchange rate or forward exchange rate? Explain using no more than 32 words.
Mention one (1) advantage to support your answer #1. Use no more than 32 words.
Mention one (1) disadvantage related to your answer #1. Use no more than 32 words.

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