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How could we project exchange rates in order to be able to forecast exchange differences?
If someone knew how to predict exchange rates, they would be a millionaire and would not lose time on forecasting exchange differences! There is no formula that could forecast exchange rates reasonably well. Actually, assume a constant exchange rate leads to bad forecasts, but is still better than assuming the exchange rate would follow the inflation differential or the interest rates differential.
Securitization is a financial innovation born out of the necessity the savings and loan associations of the United States of America face to save themselves from im
You are currently employed by DPT Holdings Ltd (DPT) one of the world's largest MNEs based in the United Kingdom. DPT is looking to enter into a new phase of global expansion activ
capital structure
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