Answer the following question using APA style and citing at least one credible source per answer with in-text and reference citations and references listed.Answers to the question should be around 300 words.
1. Assume the role of a CFO of a mid-sized company that exports to Europe. Your company received a contract to supply components to a German manufacturer. Discuss the various approaches available to help you accurately forecast exchange rates. Identify the implications of exchange-rate changes on the company's marketing, production, and financial decisions