Suppose a U

question 19

Multiple Choice

Suppose a U.S.-based MNC maintains a vacation home for employees in the British countryside and the local price of this property is always moving together with the pound price of the U.S. dollar. As a result,

• A)whenever the pound depreciates against the dollar, the local currency price of this property goes up by the same proportion.
• B)the firm is not exposed to currency risk even if the pound-dollar exchange rate fluctuates randomly.
• C)both a and b
• D)none of the above

---

Definitions:

Outpatient Care

Medical treatment provided that does not require an overnight stay in a hospital or medical facility.

Technological Applications

Refers to the practical use of technology in various fields, including the development of software, hardware, and other tools to solve problems or perform tasks.

Computer-Generated Environment

A digitally created setting designed to simulate a real or imagined world, often used in virtual reality and video games.

Anxiety-Provoking Situations

Circumstances or events that induce a state of anxiety or stress, often triggering an individual's fears or worries.