Question: hello can you please help me with this question Question 1 a) MNI is a company whose home currency is the dollar. It trades regularly
Question 1 a) MNI is a company whose home currency is the dollar. It trades regularly with customers in several countries. The company expects to receive 1,200,000 in six months' time from a foreign customer. Current exchange rates in the home country of MNI Co are as follows: Discuss whether MNI Co should avoid exchange rate risk by invoicing foreign customers in dollars. (6 marks)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
