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Homework answers / question archive / MNCs can forecast exchange rate volatility to determine the potential range surrounding their exchange rate forecast
MNCs can forecast exchange rate volatility to determine the potential range surrounding their exchange rate forecast.
a) True
b) False
The statement is true
As the business of MNC distributed in multiple countries, the exchange rate has key importance to it. So the exchange rate volatility is required to be forecasted to determine the range of realized income.
