a)Evaluate whether changes in exchange rates affect i)settlement of contracts ii)cash flows iii)firm valuation *Based on knowledge of hedging and efficient market approach b)And advice Mr Liam an...

a)Evaluate whether changes in exchange rates affect

i)settlement of contracts

ii)cash flows

iii)firm valuation

*Based on knowledge of hedging and efficient market approach

b)And advice Mr Liam an investors about the possible implications for a business that specializes in investing in emerging stock markets globally.