• 2022-06-19
    Your U.S firm has an accounts payable denominated in UK pounds due in 6 months. Toprotect yourself against unexpected changes in the dollar/pound exchange rate you shouldbuy a pound put option.
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    • 0

      The exchange rate between dollar and pound change from $2/£1 to<br/>$1/£1 implies( ) A: an appreciation of the dollar B: a<br/>depreciation of the dollar C: a<br/>devaluation of the dollar D: an exchange rate overshooting

    • 1

      If the spot exchange rate is £1=$1.50 when the market opens, and £1=$1.48 at the end of the day, the pound has appreciated, and the dollar has depreciated. A: 正确 B: 错误

    • 2

      The exchange () of the pound has fallen against the dollar. A: finance B: currency C: allowance D: fare

    • 3

      When the value of the dollar changes from £0.5 to £0.75, then the pound has _________ and the dollar has _________. A: appreciated; appreciated B: depreciated; appreciated C: appreciated; depreciated D: depreciated; depreciated

    • 4

      The currency of the UK is _____. A: Pound Sterling B: Dollar C: Franc D: Euro