MNCs can forecast exchange rate volatility to determine the potential range surrounding their exchange rate forecast

Business Dec 24, 2020

MNCs can forecast exchange rate volatility to determine the potential range surrounding their exchange rate forecast.

a) True

b) False

Expert Solution

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.

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