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Consider an MNC that uses market - based forecasting to estimate future exchange rates. Note: Assume e f represents the percentage change in the value
Consider an MNC that uses marketbased forecasting to estimate future exchange rates.
Note: Assume represents the percentage change in the value of currency of interest.
If an MNC uses the current spot rate of a currency as its forecast for the future spot rate of that currency, then it
True
False
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
