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Your Firm Is a U

question 38

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Your firm is a U.S.-based exporter of bicycles. You have sold an order to a French firm for €1,000,000 worth of bicycles. Payment from the French firm (in euro) is due in three months. Detail a strategy using futures contracts that will hedge your exchange rate risk. Have an estimate of how many contracts of what type and how much (in $) your firm will have. Your firm is a U.S.-based exporter of bicycles. You have sold an order to a French firm for €1,000,000 worth of bicycles. Payment from the French firm (in euro)  is due in three months. Detail a strategy using futures contracts that will hedge your exchange rate risk. Have an estimate of how many contracts of what type and how much (in $)  your firm will have.   A) Go short 12 six-month forward contracts; pay $1,290,000. B) Go short 16 six-month forward contracts. Pay $1,230,000. C) Go long 16 six-month forward contracts; raise $1,230,000. D) Go long 12 six-month forward contracts. Receive $1,230,000.

Recognize risk factors and implement measures to prevent falls in elderly patients.
Identify and respond appropriately to environmental hazards that may affect patient health.
Appreciate the role of personal and equipment safety in the healthcare setting.
Understand the principles of medication safety and the importance of proper medication administration.

Definitions:

Pro-Con Pattern

a method of organizing information by listing the advantages and disadvantages of a particular subject to aid in decision-making.

Least Effective

Being the least capable of producing a desired result or preventing undesired outcomes.

Repetition For Reinforcement

The deliberate use of repeating elements in communication to strengthen memory retention or emphasize a point.

Job Specialization

The process of focusing one's occupational concentration on a specific area of expertise, increasing efficiency and proficiency.

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