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Please help me, You are the chief financial officer for a domestic business with a wholly owned facility in Mexico. This facility is a feeder
Please help me, You are the chief financial officer for a domestic business with a wholly owned facility in Mexico. This facility is a feeder plant to your domestic operations and has been financed by a U.S. lending institution. You realize that for the coming year, the Mexican currency is going to be reduced by 15% against the U.S. currency. Describe the actions you should take.
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