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boland boland
wrote...
Posts: 1892
8 years ago
Under conditions of equilibrium, management would use ________ exchange rate as an unbiased predictor of future spot rates when preparing operating budgets.
A) the forward rate
B) the current spot
C) the black market
D) none of the above
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
wrote...
Top Poster
Posts: 1891
8 years ago
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boland Author
wrote...
8 years ago
Woah how do you have the time to do all this?!

Thanks Smiling Face with Open Mouth
wrote...
8 years ago
Happy to help Smiling Face with Open Mouth
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