Question: 4. Market-based forecasting 2. 3. Consider an MNC that uses market-based forecasting to estimate future exchange rates, Note: Assume ry represents the percentage change in

4. Market-based forecasting 2. 3. Consider an MNC
4. Market-based forecasting 2. 3. Consider an MNC that uses market-based forecasting to estimate future exchange rates, Note: Assume ry represents the percentage change in the value of currency of interest. if an MNC uses the current spot rate of a currency as it's forecast for the future sept rate of that currency, then it must sisume that Merl

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