If a US Firm Will Need C$200,000 in 90 Days to Pay

question 62

Multiple Choice

If a U.S. firm will need C$200,000 in 90 days to pay for imports from Canada and it wishes to avoid the risk from exchange rate fluctuations, it could:​

• A) ​purchase a 90-day forward contract on Canadian dollars.
• B) ​sell a 90-day forward contract on Canadian dollars.
• C) ​purchase Canadian dollars 90 days from now at the spot rate.
• D) ​sell Canadian dollars 90 days from now at the spot rate.

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Definitions:

Medication Telephone Order

A process in which a healthcare provider gives a prescription or medication order over the phone to a pharmacist or nurse.

Read Back

A communication technique where the listener repeats the spoken message back to the sender to confirm accuracy, commonly used in healthcare settings.

Critical Pathway

A specific plan that details the course of treatment for patients with a similar diagnosis or procedure, aimed at improving outcomes by providing a standardized approach to care.

Specifics Of Care

Detailed and individualized considerations and actions tailored to meet the unique healthcare needs of a patient.