Consider Franco Co, the parent of a US-based multinational corporation (MNC) that uses forecasted exchange rates to assist with various business functions. Suppose that Franco Co. is deciding whether to invest funds in a substantial project that is located in Canada. Franco Co uses forecasted values of the Canadian dollar to help them decide whether investing in such a project would be profitable. This is an example of using exchange rate forecasting to assist with value of the MNC via influencing the decisions, with the goal of improving the short-term investement financing in foreign currency ational corporati excha hedging I funds in a sub earning assessment 3 a in such a proj Cana capital budgeting to assist with Grade rates at of a US-based multinational corporation (MNC) tha ciding whether to invest funds in a substantial projec ecide dollar value of foreign cash flows would be p the cost of capital hange the