Question: Consider an MNC that uses market - based forecasting to estimate future exchange rates. Note: Assume e f represents the percentage change in the value

Consider an MNC that uses market-based forecasting to estimate future exchange rates.
Note: Assume ef represents the percentage change in the value of currency of interest.
If an MNC uses the current spot rate of a currency as its forecast for the future spot rate of that currency, then it m
True
False
 Consider an MNC that uses market-based forecasting to estimate future exchange

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