Which of the Following Is Probably Not an Example of the Use

question 67

Multiple Choice

Which of the following is probably not an example of the use of forward contracts by an MNC?

• A) Hedging pound payables by selling pounds forward
• B) Hedging peso receivables by selling pesos forward
• C) Hedging yen payables by purchasing yen forward
• D) Hedging peso payables by purchasing pesos forward
• E) All of these are examples of using forward contracts.

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Definitions:

Chronic Alcoholics

Individuals who suffer from long-term addiction to alcohol, often leading to severe health and social problems.

Fetal Alcohol Syndrome

A set of physical and mental birth defects that can result when a woman drinks alcohol during her pregnancy, leading to lifelong issues.

Declarative Memory

Memory that can be consciously recalled, such as facts and events, and is comprised of episodic and semantic memory.

Conscious

The state of being awake and aware of one's surroundings and thoughts.