Select TWO companies listed on an internationally recognised and well established Stock Exchange. The companies should have been multinational corporations for at least two years and they should operate in the same types of business.
(1) List, compare and discuss the following foreign currency exposures faced by your chosen two companies: a) Transaction exposure b) Translation exposure c) Operating exposure (40 marks)
(2) What tools or methods are used by the companies to manage the above exposures? In your discussion, you should critically evaluate each tool or method and use appropriate examples from these two companies to illustrate your arguments