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Suppose Hyundai announces that it is going to expand its presence in Canada. Soon after the announcement, Hyundai's financial team learns that forecasts show the
Suppose Hyundai announces that it is going to expand its presence in Canada. Soon after the announcement, Hyundai's financial team learns that forecasts show the value of the won (their currency) to strengthen appreciably against the Canadian dollar over the next decade. Should Hyundai still go ahead and expand its presence in Canada? Explain why or why not.
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