Buckingham Inc

question 90

Multiple Choice

Buckingham Inc., a British corporation, owes Yank Inc., a U.S. corporation, $1 million due in 2 months. How can Buckingham hedge the exchange risk?

• A) Sell pounds in the spot market
• B) Buy pounds in the forward market
• C) Sell dollars in the spot market
• D)Buy dollars in the forward market

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Definitions:

Stress and Anger

Psychological and emotional responses to perceived challenges or threats, often manifesting as frustration or hostility.

Humor

Humor is a cognitive response to stimuli that leads to feelings of amusement, often resulting in laughter or a sense of enjoyment.

Physical Punishment

A discipline method involving the use of physical force with the intention of causing a child to experience pain but not injury, aimed at correcting or controlling behavior.

Child Abuse

Any action by another person – adult or child – that causes significant harm to a child, including physical, emotional, sexual abuse, or neglect.