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MGMT, Inc. does business in the US and Switzerland. The cost and revenue information for MGMT, Inc shown below. Figures shown are in millions. The

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MGMT, Inc. does business in the US and Switzerland. The cost and revenue information for MGMT, Inc shown below. Figures shown are in millions. The current exchange rate is CHF.89/$. Measure the Economic Exposure of MGMT by specifying the sensitivity of MGMT's pre-tax cash flow to changes in the value of the Swiss Franc. That is, how much does pre-tax cash flow change for every $ 01 change in the value of the Swiss Franc? Comment briefly on the exposure of MGMT w/r/t the Swiss Franc

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