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Assume the role of a CFO of a mid-sized company that exports

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Assume the role of a CFO of a mid-sized company that exports to Europe. Your company received a contract to supply components to a German manufacturer. Discuss the various approaches available to help you accurately forecast exchange rates. Identify the implications of exchange-rate changes on the company's marketing, production, and financial decisions.

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Assume the role of a CFO of a mid-sized company that exports to Europe. Your company received a contract to supply components to a German manufacturer. Discuss the various approaches available to help you accurately forecast exchange rates. Identify the implications of exchange-rate changes on the company's marketing, production, and financial decisions.

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Assume the role of a CFO of a mid-sized company that exports to Europe. Your company received a contract to supply components to a German manufacturer. Discuss the various approaches available to help you accurately forecast exchange rates. Identify the implications of exchange-rate changes on the company's marketing, production, and financial decisions.

Answer:

There are several approaches to forecast exchange rates that companies use, which have proven reliable. I can use fundamental forecasting to perform a fundamental analysis, that will base the exchange rates in the future. By using this method, we also take into consideration both quantitative and qualitative criteria that would affect exchange rates, to determine as closely as ...

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