Assignment:
Multinational corporations need to carefully plan for various risks, including currency risks and the threat of currency crisis in the international market. The currency crisis in Asia was devastating for many corporations. Therefore, it is important for the multinational corporations to prepare themselves for the currency crisis in the global market.
To complete the Module 2 Case Assignment, please choose FedEx Corporation
(https://fedex.com ; https://www.fedex.com/us/investorrelations/financialinfo/goals/) that is listed and traded on the New York Stock Exchange (NYSE: Symbol - FDX).
Read the information in the background material, look for more information, and then write a 3 to 4 page paper answering the following questions:
To what extent can exchange rate risks impact on the business operations of the FedEx Corporation? Please explain your reasoning.
Are there any options that the financial managers of the FedEx Corporation can use to manage exchange rate risk?
Are there any advantages and disadvantages of the different exchange rate risk management options that you suggested to the financial managers of the FedEx Corporation?