Which of the Following Is Not an Instrument Used by U.S.-Based

question 118

Multiple Choice

Which of the following is not an instrument used by U.S.-based MNCs to cover their foreign currency positions?

• A) forward contracts
• B) futures contracts
• C) non-deliverable forward contracts
• D) options
• E) All of these are instruments used to cover foreign currency positions.

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Definitions:

Statistical Procedures

A set of steps and methods followed to organize, summarize, analyze, and interpret data to make decisions or draw conclusions.

Descriptive Measures

Quantitative assessments that provide summaries about the central tendency, dispersion, and shape of a dataset.

Generalize Results

The process of extending the findings from a study or experiment to a larger population outside of the sample studied.

Sample

A subset of individuals or observations selected from a larger population for the purpose of statistical analysis.