The forward exchange market is an accurate predictor of future exchange rates
Indicate whether the statement is true or false.
FALSE
The forward exchange market is far from perfect as a predictor of future exchange rates. The forward market tends to offer coverage for exchange rate changes a few months—not years—ahead. Given this, it makes sense to pursue strategies that will increase the company's strategic flexibility in the face of unpredictable exchange rate movements.
Business
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Refer to Table 4-2. The Debt to Equity ratio for 2007 was approximately
A) 0.93. B) 2.07. C) 1.07. D) 0.54.
Business
In the United States, publicly traded companies can choose whether or not they wish to release periodic financial statements
Indicate whether this statement is true or false.
Business