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

question 29

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 the above are instruments used to cover foreign currency positions.

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Subscription Software

A model whereby the user pays a fee to use the software. The software is downloaded and installed locally but is routinely updated by connection to the manufacturer’s server.

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Programs and operational information used by a computer.

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A spreadsheet program developed by Microsoft, part of the Microsoft Office suite, used for data manipulation and analysis, graphing, and pivot tables.